Based on 3 closed sales in PENLEY PARK, the data points to a value around $278,835 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $273,000 to $284,000. Buyers shopping in PENLEY PARK right now would see this as a well positioned option among 3 comparable homes. The smaller floor plan (357 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2018 (9 years newer than comps) is factored into the value estimate. There are currently 3 similar homes on the market in PENLEY PARK, ranging from $250,000 to $320,000. Market data shows PENLEY PARK prices risen 9.3% over the last half year. The closest comparable sale, 21609 Gallus DR, Pflugerville TX 78660 at an adjusted $252,270, is with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
