1012 Drake CV, Leander TX 78641

The comparable sales data (5 recent transactions in MAGNOLIA CREEK) supports an estimated value of $387,007. The data suggests a list price between $451,000 and $465,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in MAGNOLIA CREEK, this home would be the most affordable of 7 comparable homes on the market. At 118 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2006 (8 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in MAGNOLIA CREEK; based on recent absorption. A similar home at 509 Nogales LN, Leander TX 78641 carries an adjusted comparable value of $367,611, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in MAGNOLIA CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group