16400 Red Wagon LN, Leander TX 78641

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $245,999. I'd recommend coming to market at $143,000 to $153,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in RED WAGON RANCHETTES. The smaller floor plan (353 sqft compared to the average comp) is a meaningful differentiator in this price range. The 14.87 acre lot (larger than the 0.35 acre average) is reflected in the estimate. The active market in RED WAGON RANCHETTES includes 3 comparable homes priced from $150,000 to $249,999. The trend in 78641 shows prices have fallen 4.8% in the past 6 months. 9815 TRAILS END RD, Leander TX 78641 nearby adjusts to $128,750; with a larger floor plan. Based on 7 relevant data points in RED WAGON RANCHETTES, 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