Reviewing the most recent comparable transactions, this home's market value falls around $317,047. For a well positioned listing in CLUB WELLS POINT SEC, I'd target the $241,000 to $251,000 range. With 4 comparable homes on the market in CLUB WELLS POINT SEC, this price positions the property as the most expensive of 4 comparable homes on the market. At 0.20 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in CLUB WELLS POINT SEC; a balanced market based on recent absorption. Recent trends in CLUB WELLS POINT SEC show home values have risen 19% since 6 months ago. The most comparable recent sale is 506 Broken Feather TRL, Pflugerville TX 78660, with an adjusted value of $294,801; 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