2802 Rio Verde DR, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $598,815. For a well positioned listing in SCOTTSDALE CROSSING, I'd target the $677,000 to $703,000 range. With 6 comparable homes on the market in SCOTTSDALE CROSSING, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The 258 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in SCOTTSDALE CROSSING; a buyer's market based on recent absorption. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 13701 Ronald W Reagan BLVD # 35, Cedar Park TX 78613, with an adjusted value of $537,070; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group