1112 Capra LN, Leander TX 78641

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $422,014. I'd recommend coming to market at $474,000 to $491,000 to strike the right balance between value and market velocity. Against 5 similar active listings in ALTERRA, this price point lands at the most affordable of 5 comparable homes on the market. At 151 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.10 acre lot (smaller than the 0.14 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in ALTERRA, listed between $424,900 and $505,000. The trend in 78641 shows prices have fallen 2.2% in the past 6 months. 913 Swan Flower ST, Leander TX 78641 nearby adjusts to $417,032; with a larger 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