2417 Ericanna LN, Leander TX 78641

The market data from 6 similar recent sales in COLD SPGS points to a value of approximately $368,072. To sell within a reasonable timeframe at fair market value, the $285,000 to $295,000 range is where I'd position this. With 4 comparable homes on the market in COLD SPGS, this price positions the property as the most expensive of 4 comparable homes on the market. The 182 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 4 comparable homes in COLD SPGS; a buyer's market based on recent absorption. In 78641, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 2421 Chimney Rock RD, Leander TX 78641, adjusting to $348,184; a strong comparable. 6 comparable transactions in COLD SPGS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group