528 Tula TRL, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $475,979. For a well positioned listing in MAGNOLIA CRK, I'd target the $395,000 to $405,000 range. Against 7 similar active listings in MAGNOLIA CRK, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (187 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.25 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. The active market in MAGNOLIA CRK includes 7 comparable homes priced from $405,000 to $499,990. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 500 Alsatian LN, Leander TX 78641, with an adjusted value of $439,108; with a smaller floor plan. The 7 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