1505 Treasure Map VW, Leander TX 78641

My analysis of 3 comparable properties puts this home's estimated value at $757,369. Based on how the local market is moving, a list price between $612,000 and $622,000 would position this home well. This home's position in the current PALMERA RIDGE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 274 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.27 acres versus the area average of 0.23) contributes to the valuation. With 7 similar homes currently listed in PALMERA RIDGE (a balanced market), competition is a factor to consider. The 6 month price trend in PALMERA RIDGE: risen 4%. The best comp here is 1413 Treasure Map VW, Leander TX 78641 at an adjusted value of $784,336, a strong comparable. The comp data here (3 sales in PALMERA RIDGE) 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