1507 S West DR, Leander TX 78641

The market data from 7 similar recent sales in HIGH CHAPARRAL points to a value of approximately $278,608. To sell within a reasonable timeframe at fair market value, the $270,000 to $287,000 range is where I'd position this. In the current HIGH CHAPARRAL market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 1975 construction puts this home 27 years older than the comp average, a factor in the pricing. At 0.45 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in HIGH CHAPARRAL, ranging from $305,000 to $349,990. In 78641, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 811 Lantana LN, Leander TX 78641, adjusting to $285,817; a strong comparable. 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