40204 Founders Oak WAY, Georgetown TX 78626

Reviewing the most recent comparable transactions, this home's market value falls around $553,098. For a well positioned listing in PENNINGTON PLACE, I'd target the $415,000 to $425,000 range. Among the similar homes currently available in PENNINGTON PLACE, this price point stands out as competitive. This home's larger footprint (310 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. Current inventory shows 5 comparable homes in PENNINGTON PLACE; a buyer's market based on recent absorption. Recent trends in 78626 show home values have fallen 3.9% since 6 months ago. The most comparable recent sale is 123 Parque Vista DR, Georgetown TX 78626, with an adjusted value of $428,712; with a smaller floor plan and no pool. 7 comparable transactions in PENNINGTON PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group