My analysis of 7 comparable properties puts this home's estimated value at $928,107. Based on how the local market is moving, a list price between $899,000 and $1,028,000 would position this home well. This would position the home competitively among 2 active listings in ARROWHEAD POINT. At 12 years newer than typical comps, the 2017 build date influences the valuation. The smaller lot (0.38 acres versus the area average of 1.20) contributes to the valuation. Buyers in ARROWHEAD POINT have 2 comparable options right now, with asking prices between $1,220,000 and $1,350,000. The 6 month price trend in 78641: fallen 4.8%. The best comp here is 14921 Arrowhead DR, Leander TX 78641 at an adjusted value of $1,663,531, a strong comparable. With 7 comparable sales in ARROWHEAD POINT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
