2505 Cheyenne ST, Leander TX 78641

Based on 7 closed sales in RIDGEOAKS, the data points to a value around $307,513 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $343,000 to $348,000. This would position the home competitively among 3 active listings in RIDGEOAKS. Being 447 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1983 (5 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in RIDGEOAKS; a buyer's market based on recent absorption. Market data shows 78641 prices fallen 4.1% over the last half year. The closest comparable sale, 2500 Cheyenne ST, Leander TX 78641 at an adjusted $269,552, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus