1108 Iron Horse, Leander TX 78641

The market data from 7 similar recent sales in 78641 points to a value of approximately $341,156. To sell within a reasonable timeframe at fair market value, the $388,000 to $409,000 range is where I'd position this. Among the similar homes currently available in 78641, this price point stands out as competitive. The 2003 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78641; a buyer's market based on recent absorption. In 78641, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 601 Red Hawk DR, Leander TX 78641, adjusting to $314,395; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group