23202 Spanish Oak TRL, Leander TX 78641

Based on 7 closed sales in SANDY CREEK RANCHES SEC, the data points to a value around $424,497 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $412,000 to $437,000. Relative to what's currently available in SANDY CREEK RANCHES SEC, this home would be below the only comparable home currently on the market. This home's smaller footprint (289 sqft vs the comp average) plays a role in how the market prices it. Being built in 1979 (8 years older than comps) is factored into the value estimate. Current inventory shows 1 comparable homes in SANDY CREEK RANCHES SEC; a buyer's market based on recent absorption. Market data shows 78641 prices fallen 1% over the last half year. The closest comparable sale, 16207 Big Oak CIR, Leander TX 78641 at an adjusted $472,883, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SANDY CREEK RANCHES SEC. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group