The comparable sales data (5 recent transactions in SUMMERLYN PH L-1A) supports an estimated value of $335,035. The data suggests a list price between $325,000 and $345,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most affordable of 7 comparable homes on the market in SUMMERLYN PH L-1A's current inventory. The 161 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in SUMMERLYN PH L-1A includes 7 comparable homes priced from $362,000 to $520,000. Prices in 78641 have risen 2.1% over the last 6 months. A similar home at 400 Falcon LN, Leander TX 78641 carries an adjusted comparable value of $345,912, providing a strong data point. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus