501 Tula TRL, Leander TX 78641

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $422,970. I'd recommend coming to market at $443,000 to $485,000 to strike the right balance between value and market velocity. In the current MAGNOLIA CREEK market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 107 sqft larger than the typical comp, the size difference factors into the valuation. The active market in MAGNOLIA CREEK includes 7 comparable homes priced from $329,990 to $499,900. The trend in MAGNOLIA CREEK shows prices have fallen 8.9% in the past 6 months. 1508 Pinot Noir ST, Leander TX 78641 nearby adjusts to $484,851; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group