2502 Phillip, Leander TX 78641

After reviewing 7 recent transactions in 78641, I estimate this property's value at $267,801. A competitive list price for this home right now would fall in the $260,000 to $276,000 range. Buyers shopping in 78641 right now would see this as a well positioned option among 3 comparable homes. The smaller floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.15) contributes to the valuation. There are currently 3 similar homes on the market in 78641, ranging from $274,900 to $315,000. Prices in 78641 have fallen 2.2% over the last 6 months. A similar home at 16511 Jadestone DR, Leander TX 78641 carries an adjusted comparable value of $250,753, providing a strong data point. 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