605 SCENIC PATH, Leander TX 78641

The estimated value of this property is $485,893, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $377,000 and $387,000. In the current OVERLOOK ESTATES market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 1999, this home is 9 years older than the average comp, which is reflected in the adjustments. The 0.51 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in OVERLOOK ESTATES; a buyer's market based on recent absorption. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 1119 Calistoga DR, Leander TX 78641, with an adjusted value of $467,384; a strong comparable. With 7 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