401 Cinnamon Teal LN, Leander TX 78641

The market data from 3 similar recent sales in CAUGHFIELD points to a value of approximately $303,449. To sell within a reasonable timeframe at fair market value, the $261,000 to $271,000 range is where I'd position this. In the current CAUGHFIELD market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (229 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.18 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in CAUGHFIELD; a buyer's market based on recent absorption. In CAUGHFIELD, home values have fallen approximately 13.3% over the past 6 months. One of the strongest data points is 208 Royal Palm WAY, Leander TX 78641, adjusting to $310,957; with a larger floor plan. The 3 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