Based on 3 closed sales in SUMMERLYN PH L-4, the data points to a value around $342,014 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $416,000 to $470,000. Relative to what's currently available in SUMMERLYN PH L-4, this home would be the most affordable of 6 comparable homes on the market. Being 105 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 6 similar properties are competing for buyers in SUMMERLYN PH L-4, listed between $350,000 and $505,000. Market data shows 78641 prices fallen 3.7% over the last half year. The closest comparable sale, 125 Eagle Owl LOOP, Leander TX 78641 at an adjusted $359,480, is with a smaller floor plan. This estimate draws on 3 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
