Reviewing the most recent comparable transactions, this home's market value falls around $318,093. For a well positioned listing in PIONEER CROSSING EAST, I'd target the $312,000 to $324,000 range. In the current PIONEER CROSSING EAST market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. At 289 sqft smaller than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 9 years older than the comp average, a factor in the pricing. The active market in PIONEER CROSSING EAST includes 6 comparable homes priced from $299,000 to $369,000. Recent trends in PIONEER CROSSING EAST show home values have risen 10.7% since 6 months ago. The most comparable recent sale is 10909 Reliance Creek DR, Austin TX 78754, with an adjusted value of $328,500; a strong comparable. The 5 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
