1101 County Road 281, Leander TX 78641

The estimated value of this property is $431,162, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $348,000 and $358,000. With 7 comparable homes on the market in 78641, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Built in 1985, this home is 12 years older than the average comp, which is reflected in the adjustments. The 3.27 acre lot (larger than the 1.47 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78641, listed between $319,900 and $449,900. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 112 NE Skyview TER, Leander TX 78641, with an adjusted value of $431,634; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group