1420 Reklaw LN, Leander TX 78641

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $540,425. I'd recommend coming to market at $536,000 to $556,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in MASON HILLS, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 2014, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in MASON HILLS (a buyer's market), competition is a factor to consider. The trend in 78641 shows prices have fallen 3.6% in the past 6 months. 1724 Bovina DR, Leander TX 78641 nearby adjusts to $505,459; a strong comparable. Based on 5 relevant data points in MASON HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX