115 Lakewood TRL, Leander TX 78641

The market data from 7 similar recent sales in 78641 points to a value of approximately $1,222,775. To sell within a reasonable timeframe at fair market value, the $931,000 to $941,000 range is where I'd position this. In the current 78641 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. At 1,063 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. Right now, 2 similar properties are competing for buyers in 78641, listed between $769,000 and $1,850,000. In 78641, home values have fallen approximately 3% over the past 6 months. One of the strongest data points is 323 Patricia RD, Georgetown TX 78628, adjusting to $2,022,904; with a smaller floor plan. The 7 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