1201 S West DR, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $231,577. For a well positioned listing in HIGH CHAPARRAL, I'd target the $246,000 to $251,000 range. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in HIGH CHAPARRAL. The 1965 construction puts this home 30 years older than the comp average, a factor in the pricing. At 0.47 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 2 similar homes currently listed in HIGH CHAPARRAL (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 823 Topaz LN, Leander TX 78641, with an adjusted value of $225,044; a strong comparable. 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