145 Hoot Owl LN, Leander TX 78641

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $453,363. I'd recommend coming to market at $478,000 to $484,000 to strike the right balance between value and market velocity. In the current SUMMERLYN PH P-1 market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 374 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2005, this home is 10 years older than the average comp, which is reflected in the adjustments. Buyers in SUMMERLYN PH P-1 have 4 comparable options right now, with asking prices between $390,000 and $599,000. The trend in 78641 shows prices have fallen 3.3% in the past 6 months. 183 Concho Creek LOOP, Leander TX 78641 nearby adjusts to $450,527; a strong comparable. Based on 7 relevant data points in SUMMERLYN PH P-1, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX