2013 Arendale DR, Leander TX 78641

After reviewing 7 recent transactions in 78641, I estimate this property's value at $313,270. A competitive list price for this home right now would fall in the $318,000 to $340,000 range. Relative to what's currently available in 78641, this home would be the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (425 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.06 acres versus the area average of 0.11) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78641, listed between $274,900 and $349,990. Prices in 78641 have fallen 4.1% over the last 6 months. A similar home at 1813 Artesian Springs XING, Leander TX 78641 carries an adjusted comparable value of $283,360, providing a strong data point. With 7 comparable sales in 78641, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group