The estimated value of this property is $545,142, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $534,000 and $556,000. In the current PINNACLE NORTH LAKEWAY CONDO market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (166 sqft vs the comp average) plays a role in how the market prices it. The 0.25 acre lot (larger than the 0.18 acre average) is reflected in the estimate. The active market in PINNACLE NORTH LAKEWAY CONDO includes 7 comparable homes priced from $350,000 to $930,000. Recent trends in 78734 show home values have risen 11.1% since 6 months ago. The most comparable recent sale is 804 San Remo BLVD # 26B, Lakeway TX 78734, with an adjusted value of $430,601; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group