1121 Downridge DR, Leander TX 78641

My analysis of 4 comparable properties puts this home's estimated value at $556,168. Based on how the local market is moving, a list price between $467,000 and $477,000 would position this home well. Buyers shopping in RIDGEWOOD SOUTH right now would see this as a well positioned option among 7 comparable homes. At 670 sqft larger than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 3 of the 4 comps lacked one. There are currently 7 similar homes on the market in RIDGEWOOD SOUTH, ranging from $395,000 to $850,000. The 6 month price trend in RIDGEWOOD SOUTH: fallen 8.5%. The best comp here is 1819 Rutherford DR, Leander TX 78641 at an adjusted value of $395,317, with a smaller floor plan and no pool. With 4 comparable sales in RIDGEWOOD SOUTH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group