1116 AZUL LAGOON DR, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $743,686. For a well positioned listing in PALMERA RIDGE, I'd target the $777,000 to $786,000 range. With 5 comparable homes on the market in PALMERA RIDGE, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. At 0.17 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in PALMERA RIDGE; a buyer's market based on recent absorption. Recent trends in PALMERA RIDGE show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 1425 Treasure Map VW, Leander TX 78641, with an adjusted value of $801,021; a strong comparable. The 6 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