512 Falcon LN, Leander TX 78641

Reviewing the most recent comparable transactions, this home's market value falls around $447,769. For a well positioned listing in SUMMERLYN PH L-1A, I'd target the $493,000 to $494,000 range. Among the similar homes currently available in SUMMERLYN PH L-1A, this price point stands out as competitive. At 458 sqft larger than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 9 years older than the comp average, a factor in the pricing. The active market in SUMMERLYN PH L-1A includes 6 comparable homes priced from $399,900 to $525,000. Recent trends in 78641 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 104 Painted Bunting CV, Leander TX 78641, with an adjusted value of $378,663; with a smaller 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