2607 Cheyenne ST, Leander TX 78641

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $342,329. I'd recommend coming to market at $420,000 to $431,000 to strike the right balance between value and market velocity. Against 7 similar active listings in RIDGEOAKS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 513 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1983, this home is 10 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in RIDGEOAKS (a buyer's market), competition is a factor to consider. The trend in 78641 shows prices have fallen 1.8% in the past 6 months. 2606 Cheyenne ST, Leander TX 78641 nearby adjusts to $285,105; with a smaller floor plan. Based on 7 relevant data points in RIDGEOAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX