107 Royal Oak LN, Austin TX 78734

My analysis of 6 comparable properties puts this home's estimated value at $1,023,774. Based on how the local market is moving, a list price between $736,000 and $746,000 would position this home well. This home's position in the current LAKEWAY market: the most expensive of 3 comparable homes on the market among comparable properties. Being 166 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.42 acres versus the area average of 0.35) contributes to the valuation. The active market in LAKEWAY includes 3 comparable homes priced from $625,000 to $999,999. The 6 month price trend in LAKEWAY: risen 6.2%. The best comp here is 511 Duck Lake DR, Lakeway TX 78734 at an adjusted value of $780,037, a strong comparable. With 6 comparable sales in LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group