216 King Elder LN, Leander TX 78641

Based on 6 closed sales in SUMMERLYN PH P1, the data points to a value around $373,002 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $375,000 to $386,000. This home's position in the current SUMMERLYN PH P1 market: the most expensive of 3 comparable homes on the market among comparable properties. At 215 sqft larger than the typical comp, the size difference factors into the valuation. There are currently 3 similar homes on the market in SUMMERLYN PH P1, ranging from $299,900 to $425,000. Market data shows 78641 prices fallen 4.1% over the last half year. The closest comparable sale, 292 Housefinch LOOP, Leander TX 78641 at an adjusted $371,960, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in SUMMERLYN PH P1. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group