2708 Tumbling River DR, Leander TX 78641

Based on 4 closed sales in LAKELINE RANCH, the data points to a value around $502,136 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $527,000 to $572,000. This home's position in the current LAKELINE RANCH market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. The larger floor plan (405 sqft compared to the average comp) is a meaningful differentiator in this price range. With 5 similar homes currently listed in LAKELINE RANCH (a seller's market), competition is a factor to consider. Market data shows LAKELINE RANCH prices fallen 8% over the last half year. The closest comparable sale, 1408 Tumbling River DR, Leander TX 78641 at an adjusted $497,775, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in LAKELINE RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group