5802 Circulo DR # 2B, Leander TX 78645

The estimated value of this property is $185,845, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $128,000 and $138,000. Against 7 similar active listings in OVERLOOK VILLA WEST, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Being 156 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1971, this home is 8 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in OVERLOOK VILLA WEST (a buyer's market), competition is a factor to consider. Recent trends in 78645 show home values have fallen 7.6% since 6 months ago. The most comparable recent sale is 5916 Lago Vista WAY # B16, Lago Vista TX 78645, with an adjusted value of $177,375; with a larger floor plan. Based on 7 relevant data points in OVERLOOK VILLA WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX