650 Sierra Mar LOOP, Leander TX 78641

The market data from 3 similar recent sales in SUMMERLYN points to a value of approximately $309,493. To sell within a reasonable timeframe at fair market value, the $312,000 to $320,000 range is where I'd position this. In the current SUMMERLYN market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (119 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.17 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Buyers in SUMMERLYN have 7 comparable options right now, with asking prices between $273,500 and $359,999. In SUMMERLYN, home values have risen approximately 8.9% over the past 6 months. One of the strongest data points is 767 Hoot Owl LN, Leander TX 78641, adjusting to $310,133; with a larger floor plan. 3 comparable transactions in SUMMERLYN support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group