The estimated value of this property is $412,985, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $417,000 and $425,000. With 6 comparable homes on the market in LAKELINE RANCH, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The larger floor plan (221 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 6 similar properties are competing for buyers in LAKELINE RANCH, listed between $369,900 and $469,999. Recent trends in LAKELINE RANCH show home values have risen 56.8% since 6 months ago. The most comparable recent sale is 2508 Tumbling River DR, Leander TX 78641, with an adjusted value of $398,002; with a smaller floor plan. Based on 7 relevant data points in LAKELINE RANCH, 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