2345 Ericanna LN, Leander TX 78641

The estimated value of this property is $554,710, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $389,000 and $399,000. In the current COLD SPGS market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 0.16 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in COLD SPGS; a buyer's market based on recent absorption. Recent trends in 78641 show home values have fallen 0.3% since 6 months ago. The most comparable recent sale is 2020 Elaina LOOP, Leander TX 78641, with an adjusted value of $467,889; with a larger floor plan and a pool. Based on 7 relevant data points in COLD SPGS, 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