16501 Red Wagon LN, Leander TX 78641

Based on 7 closed sales in RED WAGON RANCHETTES, the data points to a value around $545,093 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $359,000 to $369,000. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in RED WAGON RANCHETTES's current inventory. The larger floor plan (174 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1979 (21 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in RED WAGON RANCHETTES, ranging from $375,000 to $1,300,000. Market data shows 78641 prices fallen 2.8% over the last half year. The closest comparable sale, 13217 NORTH RIDGE CIR, Leander TX 78641 at an adjusted $636,519, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus