2432 Carretera DR, Leander TX 78641

After reviewing 7 recent transactions in PALMERA RIDGE, I estimate this property's value at $544,865. A competitive list price for this home right now would fall in the $561,000 to $580,000 range. This pricing would rank the home as the 3rd most expensive of 6 comparable homes on the market in PALMERA RIDGE's current inventory. At 264 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.25) contributes to the valuation. 6 similar homes are currently available in PALMERA RIDGE, creating a buyer's market for this price range. Prices in PALMERA RIDGE have fallen 9.6% over the last 6 months. A similar home at 921 Isaias DR, Leander TX 78641 carries an adjusted comparable value of $501,414, providing a strong data point. With 7 comparable sales in PALMERA RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group