1116 LIONS LAIR, Leander TX 78641

The estimated value of this property is $1,029,443, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $902,000 and $912,000. Against 3 similar active listings in 78641, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (174 sqft vs the comp average) plays a role in how the market prices it. Built in 2011, this home is 5 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in 78641 (a buyer's market), competition is a factor to consider. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 916 Dream Catcher DR, Leander TX 78641, with an adjusted value of $1,034,673; a strong comparable. With 6 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