14280 F M Road 2769, Leander TX 78641

The market data from 7 similar recent sales in CYPRESS ACRES A-D points to a value of approximately $637,787. To sell within a reasonable timeframe at fair market value, the $351,000 to $361,000 range is where I'd position this. With 7 comparable homes on the market in CYPRESS ACRES A-D, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 299 sqft smaller than the typical comp, the size difference factors into the valuation. The 1950 construction puts this home 55 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in CYPRESS ACRES A-D (a buyer's market), competition is a factor to consider. In 78641, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 14277 FM 2769, Leander TX 78641, adjusting to $688,041; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group