205 King Elder LN, Leander TX 78641

The market data from 7 similar recent sales in SUMMERLYN PH P1 points to a value of approximately $387,301. To sell within a reasonable timeframe at fair market value, the $429,000 to $448,000 range is where I'd position this. In the current SUMMERLYN PH P1 market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. The 2006 construction puts this home 8 years older than the comp average, a factor in the pricing. Buyers in SUMMERLYN PH P1 have 6 comparable options right now, with asking prices between $450,000 and $520,000. In 78641, home values have fallen approximately 0.7% over the past 6 months. One of the strongest data points is 248 King Elder LN, Leander TX 78641, adjusting to $374,810; a strong comparable. The 7 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