2402 Arroyo Grande, Leander TX 78641

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $695,686. I'd recommend coming to market at $813,000 to $815,000 to strike the right balance between value and market velocity. In the current 78641 market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The smaller floor plan (268 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.46 acre lot (larger than the 0.38 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in 78641, ranging from $747,600 to $999,975. The trend in 78641 shows prices have fallen 2.3% in the past 6 months. 2308 First VW, Leander TX 78641 nearby adjusts to $651,465; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group