5701 Glowing Star TRL, Austin TX 78724

Reviewing the most recent comparable transactions, this home's market value falls around $297,508. For a well positioned listing in WOODLANDS, I'd target the $246,000 to $256,000 range. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in WOODLANDS. At 278 sqft smaller than the typical comp, the size difference factors into the valuation. The 2013 construction puts this home 13 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in WOODLANDS (a buyer's market), competition is a factor to consider. Recent trends in WOODLANDS show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 5700 Glowing Star TRL, Austin TX 78724, with an adjusted value of $260,616; 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