Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $343,044. To generate strong buyer interest while maximizing value, I'd price this between $285,000 and $295,000. Against 7 similar active listings in SUMMERLYN PH P-4A, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 2011 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in SUMMERLYN PH P-4A includes 7 comparable homes priced from $299,900 to $399,000. The trend in 78641 shows prices have fallen 4.8% in the past 6 months. 125 Eagle Owl LOOP, Leander TX 78641 nearby adjusts to $333,120; with a larger floor plan. The 7 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
