After reviewing 7 recent transactions in OVERLOOK ESTATES, I estimate this property's value at $558,486. A competitive list price for this home right now would fall in the $410,000 to $420,000 range. This home's position in the current OVERLOOK ESTATES market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The larger lot (0.75 acres versus the area average of 0.33) 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 risen 1% over the last 6 months. A similar home at 1408 Bovina DR, Leander TX 78641 carries an adjusted comparable value of $507,888, 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
