The estimated value of this property is $346,489, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $340,000 and $353,000. In the current HILLSIDE SPGS market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. Built in 2001, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 0.24 acre lot (larger than the 0.21 acre average) is reflected in the estimate. With 5 similar homes currently listed in HILLSIDE SPGS (a buyer's market), competition is a factor to consider. Recent trends in 78660 show home values have fallen 4.5% since 6 months ago. The most comparable recent sale is 1106 OLYMPIC DR, Pflugerville TX 78660, with an adjusted value of $319,647; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group