18616 Pencil Cactus DR, Pflugerville TX 78660

The estimated value of this property is $516,728, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $391,000 and $401,000. Against 4 similar active listings in SPRING, this price point lands at the most expensive of 4 comparable homes on the market. The larger floor plan (728 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2007, this home is 5 years older than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in SPRING, ranging from $435,000 to $845,000. Recent trends in SPRING show home values have fallen 8.1% since 6 months ago. The most comparable recent sale is 909 Autumn Sage WAY, Pflugerville TX 78660, with an adjusted value of $491,910; with a smaller floor plan. Based on 7 relevant data points in SPRING, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX