219 Mesa RDG, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $580,574. For a well positioned listing in HIDDEN MESA, I'd target the $403,000 to $413,000 range. In the current HIDDEN MESA market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1987 construction puts this home 28 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in HIDDEN MESA; a buyer's market based on recent absorption. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 22651 Nameless RD, Leander TX 78641, with an adjusted value of $738,702; with a larger floor plan. 7 comparable transactions in HIDDEN MESA 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