1350 County Road 281, Leander TX 78641

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $561,958. I'd recommend coming to market at $293,000 to $303,000 to strike the right balance between value and market velocity. Against 5 similar active listings in 78641, this price point lands at the most expensive of 5 comparable homes on the market. This home's smaller footprint (875 sqft vs the comp average) plays a role in how the market prices it. The 9.30 acre lot (larger than the 3.00 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in 78641, listed between $310,000 and $550,000. The trend in 78641 shows prices have fallen 3.8% in the past 6 months. 212 Bluebonnet LN, Liberty Hill TX 78642 nearby adjusts to $555,314; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group