40103 Meadow Turn, Georgetown TX 78626

Based on 7 closed sales in PENNINGTON PLACE, the data points to a value around $404,377 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $319,000 to $329,000. Relative to what's currently available in PENNINGTON PLACE, this home would be the 2nd most expensive of 7 comparable homes on the market. Being built in 1995 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.80 acres versus 0.30 for the typical comp. Current inventory shows 7 comparable homes in PENNINGTON PLACE; a buyer's market based on recent absorption. Market data shows 78626 prices fallen 3.9% over the last half year. The closest comparable sale, 15 Azalea DR, Georgetown TX 78626 at an adjusted $336,304, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PENNINGTON PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group