390 & 400 N Fawn Ridge DR, Leander TX 78641

The market data from 7 similar recent sales in 78641 points to a value of approximately $804,328. To sell within a reasonable timeframe at fair market value, the $788,000 to $820,000 range is where I'd position this. Against 2 similar active listings in 78641, this price point lands at the most affordable of 2 comparable homes on the market. At 3.00 acres, the lot is larger than the 2.21 acre comp average, which factors into pricing. 2 similar homes are currently available in 78641, creating a buyer's market for this price range. In 78641, home values have fallen approximately 2.5% over the past 6 months. One of the strongest data points is 212 Red Mulberry WAY, Leander TX 78641, adjusting to $1,156,192; a strong comparable. 7 comparable transactions in 78641 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group