242 Hoot Owl LN, Leander TX 78641

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $342,487. Pricing this home between $364,000 and $452,000 would put it in the competitive sweet spot for SUMMERLYN. This home's position in the current SUMMERLYN market: the most affordable of 3 comparable homes on the market among comparable properties. The 327 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.15) contributes to the valuation. With 3 similar homes currently listed in SUMMERLYN (a seller's market), competition is a factor to consider. Market data shows SUMMERLYN prices fallen 5.4% over the last half year. The closest comparable sale, 177 Eagle Owl LOOP, Leander TX 78641 at an adjusted $343,575, is a strong comparable. With 7 comparable sales in SUMMERLYN, 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