2505 Tejas TRL, Leander TX 78641

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $351,490. I'd recommend coming to market at $287,000 to $297,000 to strike the right balance between value and market velocity. Among the similar homes currently available in TIMBERLINE WEST, this price point stands out as competitive. At 825 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1980, this home is 12 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in TIMBERLINE WEST; a balanced market based on recent absorption. The trend in TIMBERLINE WEST shows prices have fallen 15.7% in the past 6 months. 1911 Tipperary DR, Leander TX 78641 nearby adjusts to $263,082; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group