2920 Rio Verde DR, Leander TX 78641

Based on 7 closed sales in SCOTTSDALE XING, the data points to a value around $532,568 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $578,000 to $582,000. This would position the home competitively among 4 active listings in SCOTTSDALE XING. At 354 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2016 (8 years newer than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in SCOTTSDALE XING; a buyer's market based on recent absorption. Market data shows 78641 prices risen 2% over the last half year. The closest comparable sale, 3103 Tempe DR, Cedar Park TX 78641 at an adjusted $644,611, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in SCOTTSDALE XING. 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