702 Overlook BND, Leander TX 78641

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $663,277. I'd recommend coming to market at $566,000 to $576,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 78641, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (369 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2006, this home is 7 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in 78641, creating a buyer's market for this price range. The trend in 78641 shows prices have fallen 4.8% in the past 6 months. 1901 Phantom Horse, Leander TX 78641 nearby adjusts to $622,260; with a smaller floor plan. Based on 7 relevant data points in 78641, 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