6509 Covina LN, Pflugerville TX 78660

After reviewing 7 recent transactions in CARMEL, I estimate this property's value at $544,291. A competitive list price for this home right now would fall in the $589,000 to $651,000 range. Buyers shopping in CARMEL right now would see this as a well positioned option among 3 comparable homes. The larger floor plan (350 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.14 acres versus the area average of 0.18) contributes to the valuation. 3 similar homes are currently available in CARMEL, creating a balanced market for this price range. Prices in CARMEL have risen 0.6% over the last 6 months. A similar home at 16721 Caperi DR, Pflugerville TX 78660 carries an adjusted comparable value of $588,739, providing a strong data point. With 7 comparable sales in CARMEL, 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