40200 Settlers PATH, Georgetown TX 78626

The market data from 7 similar recent sales in PENNINGTON PLACE points to a value of approximately $396,530. To sell within a reasonable timeframe at fair market value, the $291,000 to $301,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in PENNINGTON PLACE. The 1986 construction puts this home 15 years older than the comp average, a factor in the pricing. At 0.88 acres, the lot is smaller than the 0.97 acre comp average, which factors into pricing. With 7 similar homes currently listed in PENNINGTON PLACE (a buyer's market), competition is a factor to consider. In 78626, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 311 Juniper DR, Georgetown TX 78626, adjusting to $314,859; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group