Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $884,532. To generate strong buyer interest while maximizing value, I'd price this between $867,000 and $902,000. Against 3 similar active listings in PRESERVE LAKEWAY, this price point lands at the most expensive of 3 comparable homes on the market. At 0.32 acres, the lot is smaller than the 0.36 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in PRESERVE LAKEWAY, listed between $649,999 and $1,030,000. The trend in 78734 shows prices have risen 11.1% in the past 6 months. 15006 Nightingale LN, Austin TX 78734 nearby adjusts to $745,809; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
