14940 ARROWHEAD DR, Leander TX 78641

The market data from 7 similar recent sales in 78641 points to a value of approximately $1,680,134. To sell within a reasonable timeframe at fair market value, the $1,095,000 to $1,105,000 range is where I'd position this. Against 6 similar active listings in 78641, this price point lands at the 2nd least expensive of 6 comparable homes on the market. Being 355 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2001 construction puts this home 5 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in 78641 (a buyer's market), competition is a factor to consider. In 78641, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 13907 Panorama DR, Austin TX 78732, adjusting to $2,052,626; with a smaller 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