117 King Elder LN, Leander TX 78641

After reviewing 5 recent transactions in SUMMERLYN PH P-5B, I estimate this property's value at $406,283. A competitive list price for this home right now would fall in the $394,000 to $418,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in SUMMERLYN PH P-5B's current inventory. The smaller lot (0.00 acres versus the area average of 0.34) contributes to the valuation. With 3 similar homes currently listed in SUMMERLYN PH P-5B (a buyer's market), competition is a factor to consider. Prices in 78641 have fallen 2.1% over the last 6 months. A similar home at 217 Inca Dove LN, Leander TX 78641 carries an adjusted comparable value of $290,705, providing a strong data point. With 5 comparable sales in SUMMERLYN PH P-5B, 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