Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $829,305. To generate strong buyer interest while maximizing value, I'd price this between $687,000 and $697,000. Against 5 similar active listings in PRESERVE LAKEWAY, this price point lands at the 3rd most expensive of 5 comparable homes on the market. The 348 sqft size difference versus comparable sales is reflected in the adjusted values. Right now, 5 similar properties are competing for buyers in PRESERVE LAKEWAY, listed between $650,000 and $1,399,000. The trend in 78734 shows prices have fallen 1.5% in the past 6 months. 204 Lake Como DR, Austin TX 78734 nearby adjusts to $687,847; with a larger floor plan. The 4 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
