40300 Founders Oak WAY, Georgetown TX 78626

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $489,439. I'd recommend coming to market at $405,000 to $415,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in PENNINGTON PLACE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (1,642 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 6 of 7 comparable homes not offering one. The active market in PENNINGTON PLACE includes 3 comparable homes priced from $349,500 to $1,395,000. The trend in 78626 shows prices have fallen 5.2% in the past 6 months. 519 River Bluff CIR, Georgetown TX 78626 nearby adjusts to $453,882; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group