4000 County Road 279, Leander TX 78641

The market data from 7 similar recent sales in BAGDAD ESTATES points to a value of approximately $341,706. To sell within a reasonable timeframe at fair market value, the $331,000 to $352,000 range is where I'd position this. In the current BAGDAD ESTATES market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1977 construction puts this home 34 years older than the comp average, a factor in the pricing. At 5.15 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in BAGDAD ESTATES; a buyer's market based on recent absorption. In 78641, home values have fallen approximately 2.3% over the past 6 months. One of the strongest data points is 112 NE Skyview TER, Leander TX 78641, adjusting to $396,145; a strong comparable. 7 comparable transactions in BAGDAD ESTATES 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