520 Lark ST, Leander TX 78641

The market data from 7 similar recent sales in SUMMERLYN points to a value of approximately $316,886. To sell within a reasonable timeframe at fair market value, the $334,000 to $341,000 range is where I'd position this. In the current SUMMERLYN market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. At 119 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. The active market in SUMMERLYN includes 5 comparable homes priced from $299,900 to $399,900. In SUMMERLYN, home values have risen approximately 8.9% over the past 6 months. One of the strongest data points is 229 King Elder LN, Leander TX 78641, adjusting to $305,612; 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