1106 Oakwood DR, Leander TX 78641

Based on 7 closed sales in TIMBERLINE WEST, the data points to a value around $406,093 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $413,000 to $415,000. This home's position in the current TIMBERLINE WEST market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (318 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1961 (36 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in TIMBERLINE WEST, listed between $344,900 and $424,990. Market data shows TIMBERLINE WEST prices fallen 15.7% over the last half year. The closest comparable sale, 2206 Castlewood TRL, Leander TX 78641 at an adjusted $334,488, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in TIMBERLINE WEST. 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