25 Fair Oaks ST, Leander TX 78641

After reviewing 7 recent transactions in RIDGMAR LANDING, I estimate this property's value at $515,172. A competitive list price for this home right now would fall in the $345,000 to $355,000 range. Relative to what's currently available in RIDGMAR LANDING, this home would be the most expensive of 7 comparable homes on the market. At 19 years older than typical comps, the 1987 build date influences the valuation. The larger lot (2.50 acres versus the area average of 1.12) contributes to the valuation. Current inventory shows 7 comparable homes in RIDGMAR LANDING; a buyer's market based on recent absorption. Prices in 78641 have fallen 4.8% over the last 6 months. A similar home at 703 Ridgmar RD, Leander TX 78641 carries an adjusted comparable value of $706,578, providing a strong data point. With 7 comparable sales in RIDGMAR LANDING, 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