802 Teal, Leander TX 78641

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $275,941. Pricing this home between $224,000 and $234,000 would put it in the competitive sweet spot for 78641. Relative to what's currently available in 78641, this home would be the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (165 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.27 acres versus the area average of 0.22) contributes to the valuation. 3 similar homes are currently available in 78641, creating a buyer's market for this price range. Market data shows 78641 prices fallen 4.8% over the last half year. The closest comparable sale, 618 Northern TRL, Leander TX 78641 at an adjusted $280,337, is a strong comparable. With 4 comparable sales in 78641, 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