216 Hoot Owl LN, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $282,338. For a well positioned listing in SUMMERLYN, I'd target the $302,000 to $318,000 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. This home's smaller footprint (223 sqft vs the comp average) plays a role in how the market prices it. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in SUMMERLYN have 4 comparable options right now, with asking prices between $273,500 and $330,000. Recent trends in SUMMERLYN show home values have risen 3% since 6 months ago. The most comparable recent sale is 767 Hoot Owl LN, Leander TX 78641, with an adjusted value of $275,379; with a larger floor plan. 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