121 Barn Owl LOOP, Leander TX 78641

After reviewing 7 recent transactions in SUMMERLYN PH L-2, I estimate this property's value at $444,026. A competitive list price for this home right now would fall in the $536,000 to $551,000 range. This home's position in the current SUMMERLYN PH L-2 market: the most affordable of 3 comparable homes on the market among comparable properties. The 392 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.16 acres versus the area average of 0.31) contributes to the valuation. Buyers in SUMMERLYN PH L-2 have 3 comparable options right now, with asking prices between $525,000 and $660,000. Prices in 78641 have fallen 4.8% over the last 6 months. A similar home at 208 Falcon LN, Leander TX 78641 carries an adjusted comparable value of $278,189, providing a strong data point. The comp data here (7 sales in SUMMERLYN PH L-2) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus