Comparing 20 Lemon Drop Lane to the home on 40 Lemon Drop Lane shows a very balanced market value. While 40 Lemon Drop Lane sold for a higher total price, it included an extra half-story of living space and over 500 additional square feet. Once we factor in the premium that single-story homes usually command, the pricing for 20 Lemon Drop Lane aligns almost perfectly with this recent neighbor’s sale, making it a fair and predictable choice for the neighborhood.

This sold listing at 120 Watermelon Drive features a larger 1.5-story layout, which typically sells for less per square foot than a true ranch like 20 Lemon Drop Lane. When we adjust for that architectural difference and the smaller size of the home for sale, 20 Lemon Drop Lane actually appears to be a very strong value. You’re getting the same high-end new construction finishes—like the granite counters and tiled showers—at a price point that holds up well against this larger sale.

While 20 Lemon Drop Lane offers the convenience of a true ranch layout, the home on 105 Watermelon Drive provides a very similar single-level lifestyle with significantly more square footage and a larger one-acre lot. Even when we account for the fact that smaller homes typically cost more per foot, the price at 20 Lemon Drop Lane is notably higher than what this similar neighbor recently sold for. You are paying a premium here for a slightly smaller footprint without the added land value seen at 105 Watermelon.