1311 Horseshoe Ranch DR, Leander TX 78641

After reviewing 5 recent transactions in 78641, I estimate this property's value at $264,318. A competitive list price for this home right now would fall in the $346,000 to $367,000 range. This home's position in the current 78641 market: the most affordable of 6 comparable homes on the market among comparable properties. The smaller floor plan (178 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.09) contributes to the valuation. 6 similar homes are currently available in 78641, creating a buyer's market for this price range. Prices in 78641 have fallen 2.8% over the last 6 months. A similar home at 2709 Tumbling River DR, Leander TX 78641 carries an adjusted comparable value of $342,672, providing a strong data point. With 5 comparable sales in 78641, 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