1902 Falcon Oaks DR, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $391,461. For a well positioned listing in 78641, I'd target the $289,000 to $299,000 range. Against 7 similar active listings in 78641, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1988 construction puts this home 24 years older than the comp average, a factor in the pricing. At 1.00 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. 7 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 2.8% since 6 months ago. The most comparable recent sale is 1401 Eagles WAY, Leander TX 78641, with an adjusted value of $398,360; 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