2020 Cotton Farm TRL, Leander TX 78641

The market data from 7 similar recent sales in MASON RANCH points to a value of approximately $528,399. To sell within a reasonable timeframe at fair market value, the $587,000 to $615,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in MASON RANCH. This home's smaller footprint (126 sqft vs the comp average) plays a role in how the market prices it. At 0.25 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. The active market in MASON RANCH includes 4 comparable homes priced from $449,900 to $675,000. In MASON RANCH, home values have fallen approximately 15.6% over the past 6 months. One of the strongest data points is 1228 Brenham LN, Leander TX 78641, adjusting to $557,016; with a larger floor plan. 7 comparable transactions in MASON RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group