440 Sierra Mar LOOP, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $320,196. For a well positioned listing in SUMMERLYN, I'd target the $311,000 to $330,000 range. With 7 comparable homes on the market in SUMMERLYN, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Being 143 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.19 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in SUMMERLYN, ranging from $273,500 to $359,999. Recent trends in SUMMERLYN show home values have risen 8.9% since 6 months ago. The most comparable recent sale is 767 Hoot Owl LN, Leander TX 78641, with an adjusted value of $313,609; with a larger floor plan. 7 comparable transactions in SUMMERLYN support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group