Based on 4 closed sales in SUMMERLYN PH L-4, the data points to a value around $375,342 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $368,000 to $383,000. Relative to what's currently available in SUMMERLYN PH L-4, this home would be the 3rd least expensive of 7 comparable homes on the market. Being built in 2012 (6 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in SUMMERLYN PH L-4, listed between $349,900 and $515,000. Market data shows 78641 prices fallen 2.1% over the last half year. The closest comparable sale, 125 Eagle Owl LOOP, Leander TX 78641 at an adjusted $359,259, is with a smaller floor plan. This estimate draws on 4 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
