Taking into account 7 nearby comparable sales, this property's estimated value comes to $371,915. If we were to list this property today, I'd recommend a list price in the $405,000 to $407,000 range. Relative to what's currently available in LEANDER, this home would be the 3rd least expensive of 7 comparable homes on the market. Being built in 1900 (118 years older than comps) is factored into the value estimate. Lot size matters here: 0.39 acres versus 0.14 for the typical comp. Current inventory shows 7 comparable homes in LEANDER; a buyer's market based on recent absorption. The 6 month price trend in 78641: fallen 4.8%. The best comp here is 888 Prominence WAY, Leander TX 78641 at an adjusted value of $382,189, a strong comparable. 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