240 Falcon LN, Leander TX 78641

Based on 3 closed sales in SUMMERLYN PH L-2, the data points to a value around $290,468 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $310,000 to $322,000. Relative to what's currently available in SUMMERLYN PH L-2, this home would be the 2nd most expensive of 3 comparable homes on the market. At 212 sqft smaller than the typical comp, the size difference factors into the valuation. There are currently 3 similar homes on the market in SUMMERLYN PH L-2, ranging from $276,000 to $350,000. Market data shows 78641 prices fallen 4% over the last half year. The closest comparable sale, 129 Barn Owl LOOP, Leander TX 78641 at an adjusted $287,439, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in SUMMERLYN PH L-2. 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