2212 Downing LN, Leander TX 78641

The market data from 7 similar recent sales in 78641 points to a value of approximately $504,039. To sell within a reasonable timeframe at fair market value, the $422,000 to $432,000 range is where I'd position this. Against 7 similar active listings in 78641, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 0.50 acres, the lot is smaller than the 0.62 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78641 (a buyer's market), competition is a factor to consider. In 78641, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 1408 Faustino CV, Leander TX 78641, adjusting to $417,057; a strong comparable. 7 comparable transactions in 78641 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