After reviewing 7 recent transactions in OVERLOOK ESTATES, I estimate this property's value at $602,100. A competitive list price for this home right now would fall in the $463,000 to $473,000 range. This home's position in the current OVERLOOK ESTATES market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being 147 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.75 acres versus the area average of 0.38) contributes to the valuation. 7 similar homes are currently available in OVERLOOK ESTATES, creating a buyer's market for this price range. Prices in 78641 have fallen 0.9% over the last 6 months. A similar home at 1637 Bovina DR, Leander TX 78641 carries an adjusted comparable value of $501,555, providing a strong data point. The comp data here (7 sales in OVERLOOK ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
