1507 Honaker WAY, Leander TX 78641

The market data from 3 similar recent sales in HOMESTEAD points to a value of approximately $388,877. To sell within a reasonable timeframe at fair market value, the $466,000 to $486,000 range is where I'd position this. With 3 comparable homes on the market in HOMESTEAD, this price positions the property as the most affordable of 3 comparable homes on the market. This home's smaller footprint (204 sqft vs the comp average) plays a role in how the market prices it. At 0.06 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in HOMESTEAD, listed between $424,525 and $505,000. In HOMESTEAD, home values have risen approximately 6.8% over the past 6 months. One of the strongest data points is 2310 Calvert DR, Leander TX 78641, adjusting to $333,304; a strong comparable. 3 comparable transactions in HOMESTEAD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group