138 LAKEWAY BLVD # 138, Austin TX 78734

The estimated value of this property is $288,569, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $283,000 and $294,000. Against 4 similar active listings in 78734, this price point lands at the most affordable of 4 comparable homes on the market. Built in 1971, this home is 31 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.24 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in 78734; a buyer's market based on recent absorption. Recent trends in 78734 show home values have risen 10.7% since 6 months ago. The most comparable recent sale is 2918 N Ranch Road 620 # B112, Austin TX 78734, with an adjusted value of $226,045; 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