247 Housefinch LOOP, Leander TX 78641

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $293,454. I'd recommend coming to market at $317,000 to $318,000 to strike the right balance between value and market velocity. Against 4 similar active listings in SUMMERLYN PH L-1B, this price point lands at the most affordable of 4 comparable homes on the market. The 142 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2007, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in SUMMERLYN PH L-1B; a buyer's market based on recent absorption. The trend in 78641 shows prices have fallen 4.8% in the past 6 months. 132 Dunlin LN, Leander TX 78641 nearby adjusts to $285,625; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group