508 Falcon LN, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $319,275. For a well positioned listing in SUMMERLYN PH L-1A, I'd target the $337,000 to $346,000 range. With 3 comparable homes on the market in SUMMERLYN PH L-1A, this price positions the property as the most affordable of 3 comparable homes on the market. The 2006 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in SUMMERLYN PH L-1A; a buyer's market based on recent absorption. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 760 Kingfisher LN, Leander TX 78641, with an adjusted value of $299,897; a strong comparable. The 4 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