747 Hoot Owl LN, Leander TX 78641

Based on 3 closed sales in SUMMERLYN, the data points to a value around $292,413 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $299,000 to $300,000. This would position the home competitively among 7 active listings in SUMMERLYN. The smaller floor plan (148 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2015 (5 years newer than comps) is factored into the value estimate. The active market in SUMMERLYN includes 7 comparable homes priced from $289,000 to $343,000. Market data shows SUMMERLYN prices fallen 9.6% over the last half year. The closest comparable sale, 380 Housefinch LOOP, Leander TX 78641 at an adjusted $298,624, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in SUMMERLYN. 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