1612 Purple Martin DR, Pflugerville TX 78660

After reviewing 5 recent transactions in LISSO, I estimate this property's value at $365,503. A competitive list price for this home right now would fall in the $379,000 to $383,000 range. This home's position in the current LISSO market: the most affordable of 4 comparable homes on the market among comparable properties. The smaller floor plan (129 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.11 acres versus the area average of 0.14) contributes to the valuation. With 4 similar homes currently listed in LISSO (a balanced market), competition is a factor to consider. Prices in LISSO have fallen 11.8% over the last 6 months. A similar home at 1305 Alana Falls Ave, Pflugerville TX 78660 carries an adjusted comparable value of $364,418, providing a strong data point. With 5 comparable sales in LISSO, 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