228 Falcon LN, Leander TX 78641

After reviewing 5 recent transactions in SUMMERLYN PH L-2, I estimate this property's value at $305,928. A competitive list price for this home right now would fall in the $297,000 to $315,000 range. Relative to what's currently available in SUMMERLYN PH L-2, this home would be the most expensive of 3 comparable homes on the market. Being 165 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 3 comparable homes in SUMMERLYN PH L-2; a buyer's market based on recent absorption. Prices in 78641 have fallen 3.1% over the last 6 months. A similar home at 129 Barn Owl LOOP, Leander TX 78641 carries an adjusted comparable value of $289,611, providing a strong data point. With 5 comparable sales in SUMMERLYN PH L-2, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group