103 County Road 180 # 78, Leander TX 78641

The estimated value of this property is $493,975, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $585,000 and $588,000. With 7 comparable homes on the market in RESERVE/CABALLO RANCH CONDOS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (497 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2017, this home is 8 years newer than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in RESERVE/CABALLO RANCH CONDOS, creating a buyer's market for this price range. Recent trends in 78641 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 103 County Road 180 # 27, Cedar Park TX 78641, with an adjusted value of $640,204; with a smaller floor plan. Based on 6 relevant data points in RESERVE/CABALLO RANCH CONDOS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX