Reviewing the most recent comparable transactions, this home's market value falls around $345,690. For a well positioned listing in NORTHTOWN PARK, I'd target the $353,000 to $356,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in NORTHTOWN PARK. This home's larger footprint (169 sqft vs the comp average) plays a role in how the market prices it. At 0.23 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. The active market in NORTHTOWN PARK includes 7 comparable homes priced from $323,000 to $399,999. Recent trends in NORTHTOWN PARK show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 13932 Maricella LN, Pflugerville TX 78660, with an adjusted value of $459,753; with a smaller floor plan. The 7 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