201 King Elder LN, Leander TX 78641

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $480,488. To generate strong buyer interest while maximizing value, I'd price this between $533,000 and $548,000. In the current SUMMERLYN PH P-1 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 127 sqft larger than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 12 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SUMMERLYN PH P-1; a buyer's market based on recent absorption. The trend in 78641 shows prices have fallen 4% in the past 6 months. 400 Walkup LN, Leander TX 78641 nearby adjusts to $491,408; with a smaller floor plan. The 4 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