2336 Belen DR, Leander TX 78641

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $674,237. I'd recommend coming to market at $758,000 to $779,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in PALMERA RIDGE, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (103 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2017, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in PALMERA RIDGE; a buyer's market based on recent absorption. The trend in PALMERA RIDGE shows prices have fallen 8.4% in the past 6 months. 2420 Costera ST, Leander TX 78641 nearby adjusts to $625,445; a strong comparable. Based on 7 relevant data points in PALMERA RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX