520 Falcon LN, Leander TX 78641

Based on 4 closed sales in SUMMERLYN PH L-1A, the data points to a value around $318,581 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $309,000 to $328,000. Buyers shopping in SUMMERLYN PH L-1A right now would see this as a well positioned option among 4 comparable homes. Being built in 2007 (7 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in SUMMERLYN PH L-1A (a buyer's market), competition is a factor to consider. Market data shows 78641 prices fallen 4.8% over the last half year. The closest comparable sale, 128 Ancellotta WAY, Leander TX 78641 at an adjusted $321,442, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in SUMMERLYN PH L-1A. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group