705 Speckled Alder DR, Pflugerville TX 78660

The market data from 4 similar recent sales in PENLEY PARK points to a value of approximately $314,262. To sell within a reasonable timeframe at fair market value, the $305,000 to $324,000 range is where I'd position this. With 5 comparable homes on the market in PENLEY PARK, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. The 2019 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. Buyers in PENLEY PARK have 5 comparable options right now, with asking prices between $309,998 and $341,990. In 78660, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 20604A Haygrazer WAY, Pflugerville TX 78660, adjusting to $308,638; a strong comparable. The 4 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