444 MOORHEN CV, Leander TX 78641

The market data from 7 similar recent sales in SUMMERLYN points to a value of approximately $316,116. To sell within a reasonable timeframe at fair market value, the $455,000 to $461,000 range is where I'd position this. With 7 comparable homes on the market in SUMMERLYN, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SUMMERLYN; a seller's market based on recent absorption. In SUMMERLYN, home values have fallen approximately 5.4% over the past 6 months. One of the strongest data points is 229 King Elder LN, Leander TX 78641, adjusting to $305,766; 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