641 Sierra Mar LOOP, Leander TX 78641

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $291,108. Pricing this home between $312,000 and $320,000 would put it in the competitive sweet spot for SUMMERLYN. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in SUMMERLYN's current inventory. The smaller floor plan (119 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 3 comparable homes in SUMMERLYN; a seller's market based on recent absorption. Market data shows SUMMERLYN prices risen 8.9% over the last half year. The closest comparable sale, 767 Hoot Owl LN, Leander TX 78641 at an adjusted $279,198, is with a larger floor plan. The comp data here (3 sales in SUMMERLYN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus