1107 Downridge DR, Leander TX 78641

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $466,313. I'd recommend coming to market at $468,000 to $469,000 to strike the right balance between value and market velocity. In the current RIDGEWOOD SOUTH market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 310 sqft larger than the typical comp, the size difference factors into the valuation. With 3 similar homes currently listed in RIDGEWOOD SOUTH (a balanced market), competition is a factor to consider. The trend in RIDGEWOOD SOUTH shows prices have fallen 13.8% in the past 6 months. 1712 Vintage DR, Leander TX 78641 nearby adjusts to $502,215; with a smaller floor plan. With 4 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