402 Horseshoe DR, Leander TX 78641

After reviewing 7 recent transactions in 78641, I estimate this property's value at $431,568. A competitive list price for this home right now would fall in the $305,000 to $315,000 range. Relative to what's currently available in 78641, this home would be the 3rd most expensive of 7 comparable homes on the market. At 42 years older than typical comps, the 1970 build date influences the valuation. The larger lot (1.24 acres versus the area average of 0.20) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78641, listed between $299,000 and $511,520. Prices in 78641 have fallen 4.8% over the last 6 months. A similar home at 1802 S West DR, Leander TX 78641 carries an adjusted comparable value of $338,964, providing a strong data point. With 7 comparable sales in 78641, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group