40204 Heritage HOLW, Georgetown TX 78626

My analysis of 7 comparable properties puts this home's estimated value at $434,501. Based on how the local market is moving, a list price between $335,000 and $345,000 would position this home well. Relative to what's currently available in PENNINGTON PLACE, this home would be the most expensive of 7 comparable homes on the market. At 10 years older than typical comps, the 1995 build date influences the valuation. The larger lot (0.80 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 7 comparable homes in PENNINGTON PLACE; a buyer's market based on recent absorption. The 6 month price trend in 78626: fallen 4.1%. The best comp here is 214 River Park LN, Georgetown TX 78626 at an adjusted value of $427,781, a strong comparable. With 7 comparable sales in PENNINGTON PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group