11622 Lindeman LOOP, Leander TX 78641

The market data from 7 similar recent sales in CHERRY HOLLOW ESTATES points to a value of approximately $182,778. To sell within a reasonable timeframe at fair market value, the $177,000 to $188,000 range is where I'd position this. With 1 comparable homes on the market in CHERRY HOLLOW ESTATES, this price positions the property as below the only comparable home currently on the market. The 1978 construction puts this home 11 years older than the comp average, a factor in the pricing. At 3.31 acres, the lot is larger than the 1.05 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in CHERRY HOLLOW ESTATES, ranging from $1,885,000 to $1,885,000. In 78641, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 10812 Quail Valley DR, Leander TX 78641, adjusting to $112,008; a strong comparable. 7 comparable transactions in CHERRY HOLLOW ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group