10515 Ridge Rim DR, Leander TX 78641

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $327,806. To generate strong buyer interest while maximizing value, I'd price this between $208,000 and $218,000. With 6 comparable homes on the market in SOUTH CHERRY HOLLOW ESTATES, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The 2000 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.51 acres, the lot is smaller than the 1.11 acre comp average, which factors into pricing. 6 similar homes are currently available in SOUTH CHERRY HOLLOW ESTATES, creating a buyer's market for this price range. The trend in 78641 shows prices have fallen 4.4% in the past 6 months. 21500 Quail Valley CV # 2, Leander TX 78641 nearby adjusts to $98,088; with a smaller floor plan. 7 comparable transactions in SOUTH CHERRY HOLLOW ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group