243 Hoot Owl LN N, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $436,569. For a well positioned listing in SUMMERLYN PH P-2, I'd target the $627,000 to $629,000 range. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in SUMMERLYN PH P-2. The 448 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.24 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in SUMMERLYN PH P-2; a buyer's market based on recent absorption. Recent trends in 78641 show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 353 King Elder LN, Leander TX 78641, with an adjusted value of $411,974; with a smaller floor plan. The 6 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