77 County Road 283, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $477,934. For a well positioned listing in SMITH ESTATES, I'd target the $367,000 to $377,000 range. Against 5 similar active listings in SMITH ESTATES, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The 1987 construction puts this home 8 years older than the comp average, a factor in the pricing. At 1.10 acres, the lot is smaller than the 3.30 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in SMITH 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 496 Spoonts LN, Liberty Hill TX 78642, with an adjusted value of $518,802; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group