1404 Lions Lair, Leander TX 78641

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $1,220,502. Pricing this home between $1,500,000 and $1,580,000 would put it in the competitive sweet spot for GRAND MESA CRYSTAL FALLS. Relative to what's currently available in GRAND MESA CRYSTAL FALLS, this home would be the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (205 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (1.14 acres versus the area average of 1.21) contributes to the valuation. Current inventory shows 7 comparable homes in GRAND MESA CRYSTAL FALLS; a buyer's market based on recent absorption. Market data shows 78641 prices fallen 1.8% over the last half year. The closest comparable sale, 1113 Lions Lair, Leander TX 78641 at an adjusted $1,109,840, is with a smaller floor plan. With 6 comparable sales in GRAND MESA CRYSTAL FALLS, 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