1607 Encino, Leander TX 78641

The estimated value of this property is $428,442, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $452,000 and $457,000. With 6 comparable homes on the market in 78641, this price positions the property as the most affordable of 6 comparable homes on the market. Built in 2006, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. 6 similar homes are currently available in 78641, creating a buyer's market for this price range. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 413 Chaparral DR, Leander TX 78641, with an adjusted value of $429,918; with a larger floor plan. Based on 5 relevant data points in 78641, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX