169 Barn Owl LOOP, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $315,849. For a well positioned listing in SUMMERLYN, I'd target the $346,000 to $355,000 range. With 4 comparable homes on the market in SUMMERLYN, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (183 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in SUMMERLYN, listed between $299,000 and $2,400,000. Recent trends in SUMMERLYN show home values have risen 8.9% since 6 months ago. The most comparable recent sale is 767 Hoot Owl LN, Leander TX 78641, with an adjusted value of $320,152; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group