5800 Levenwood LN, Austin TX 78724

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $329,525. Pricing this home between $233,000 and $243,000 would put it in the competitive sweet spot for WOODLANDS. This home's position in the current WOODLANDS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (456 sqft compared to the average comp) is a meaningful differentiator in this price range. At 19 years newer than typical comps, the 2014 build date influences the valuation. Current inventory shows 7 comparable homes in WOODLANDS; a buyer's market based on recent absorption. Market data shows WOODLANDS prices risen 6.7% over the last half year. The closest comparable sale, 5901 Nelson Oaks DR, Austin TX 78724 at an adjusted $280,089, is with a larger floor plan. With 4 comparable sales in WOODLANDS, 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