After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $794,320. Pricing this home between $908,000 and $917,000 would put it in the competitive sweet spot for 78641. This home's position in the current 78641 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (370 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.41 acres versus the area average of 0.37) contributes to the valuation. 4 similar homes are currently available in 78641, creating a buyer's market for this price range. Market data shows 78641 prices fallen 4.8% over the last half year. The closest comparable sale, 2308 First VW, Leander TX 78641 at an adjusted $695,063, is with a larger floor plan. The comp data here (6 sales in 78641) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
