After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $469,762. Pricing this home between $333,000 and $343,000 would put it in the competitive sweet spot for 78641. This would position the home competitively among 7 active listings in 78641. At 25 years older than typical comps, the 1984 build date influences the valuation. The larger lot (10.24 acres versus the area average of 1.50) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78641, listed between $325,000 and $1,050,000. Market data shows 78641 prices fallen 4.8% over the last half year. The closest comparable sale, 15100 Hedder CIR, Leander TX 78641 at an adjusted $383,173, is a strong comparable. With 7 comparable sales in 78641, 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