1408 Willow Creek DR, Leander TX 78641

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $413,365. I'd recommend coming to market at $340,000 to $350,000 to strike the right balance between value and market velocity. Against 7 similar active listings in OAK RIDGE, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (144 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1991, this home is 5 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in OAK RIDGE (a balanced market), competition is a factor to consider. The trend in OAK RIDGE shows prices have fallen 4% in the past 6 months. 708 Mountain Ridge DR, Leander TX 78641 nearby adjusts to $376,304; a strong comparable. 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