118 Snapper LN, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $1,448,082. For a well positioned listing in LAKEWAY, I'd target the $1,471,000 to $1,486,000 range. Against 3 similar active listings in LAKEWAY, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (359 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.46 acres, the lot is larger than the 0.42 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in LAKEWAY, ranging from $1,250,000 to $1,499,900. Recent trends in LAKEWAY show home values have fallen 2% since 6 months ago. The most comparable recent sale is 101 Knarr ST, Austin TX 78734, with an adjusted value of $1,486,161; with a smaller floor plan and a pool. 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