After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $269,258. Pricing this home between $331,000 and $363,000 would put it in the competitive sweet spot for LAKELINE RANCH. Buyers shopping in LAKELINE RANCH right now would see this as a well positioned option among 7 comparable homes. Being 720 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.06 acres versus the area average of 0.12) contributes to the valuation. Buyers in LAKELINE RANCH have 7 comparable options right now, with asking prices between $284,900 and $490,000. Market data shows LAKELINE RANCH prices risen 27.2% over the last half year. The closest comparable sale, 14 Verde Ranch LOOP, Leander TX 78641 at an adjusted $226,000, is a strong comparable. The comp data here (7 sales in LAKELINE RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus