1202 Oakwood DR, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $332,218. For a well positioned listing in TIMBERLINE WEST, I'd target the $265,000 to $275,000 range. With 7 comparable homes on the market in TIMBERLINE WEST, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1961 construction puts this home 37 years older than the comp average, a factor in the pricing. At 0.48 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in TIMBERLINE WEST; a balanced market based on recent absorption. Recent trends in TIMBERLINE WEST show home values have fallen 5.8% since 6 months ago. The most comparable recent sale is 2206 Castlewood TRL, Leander TX 78641, with an adjusted value of $334,842; with a larger floor plan. 7 comparable transactions in TIMBERLINE WEST 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