1408 Rio Bravo LOOP, Leander TX 78641

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $388,021. Pricing this home between $307,000 and $317,000 would put it in the competitive sweet spot for NORTH CREEK. This would position the home competitively among 5 active listings in NORTH CREEK. Being 207 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.33 acres versus the area average of 0.18) contributes to the valuation. With 5 similar homes currently listed in NORTH CREEK (a buyer's market), competition is a factor to consider. Market data shows NORTH CREEK prices fallen 10.3% over the last half year. The closest comparable sale, 711 Riverway LN, Leander TX 78641 at an adjusted $396,525, is with a larger floor plan. With 7 comparable sales in NORTH CREEK, 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