1109 Oakwood 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 $392,510. I'd recommend coming to market at $290,000 to $300,000 to strike the right balance between value and market velocity. Against 7 similar active listings in TIMBERLINE WEST, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Built in 1960, this home is 35 years older than the average comp, which is reflected in the adjustments. The 0.46 acre lot (larger than the 0.35 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in TIMBERLINE WEST; a buyer's market based on recent absorption. The trend in 78641 shows prices have fallen 3.4% in the past 6 months. 2305 S Bagdad RD, Leander TX 78641 nearby adjusts to $474,191; a strong comparable. Based on 7 relevant data points in TIMBERLINE WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX