Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $363,273. To generate strong buyer interest while maximizing value, I'd price this between $432,000 and $462,000. Among the similar homes currently available in SUMMERLYN PH P-2, this price point stands out as competitive. At 122 sqft larger than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in SUMMERLYN PH P-2 includes 7 comparable homes priced from $365,000 to $520,000. 353 King Elder LN, Leander TX 78641 nearby adjusts to $347,984; a strong comparable. 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