705 Santa Catalina DR, Leander TX 78641

Based on 7 closed sales in PALMERA RIDGE, the data points to a value around $679,079 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $579,000 to $589,000. Relative to what's currently available in PALMERA RIDGE, this home would be the 3rd least expensive of 7 comparable homes on the market. At 114 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2016 (6 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in PALMERA RIDGE; a buyer's market based on recent absorption. Market data shows PALMERA RIDGE prices risen 2% over the last half year. The closest comparable sale, 2316 Belen DR, Leander TX 78641 at an adjusted $593,788, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus