405 Falcon LN, Leander TX 78641

The estimated value of this property is $348,509, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $377,000 and $388,000. In the current SUMMERLYN market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in SUMMERLYN; a seller's market based on recent absorption. Recent trends in SUMMERLYN show home values have risen 8.9% since 6 months ago. The most comparable recent sale is 401 Mourning Dove LN, Leander TX 78641, with an adjusted value of $341,143; a strong comparable. With 7 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