19220 Pencil Cactus DR, Pflugerville TX 78660

Reviewing the most recent comparable transactions, this home's market value falls around $341,255. For a well positioned listing in SPRING, I'd target the $292,000 to $302,000 range. Against 7 similar active listings in SPRING, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 102 sqft size difference versus comparable sales is reflected in the adjusted values. The 2008 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SPRING; a buyer's market based on recent absorption. Recent trends in SPRING show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 18417 Star Gazer WAY, Pflugerville TX 78660, with an adjusted value of $330,656; a strong comparable. 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