16207 SPRING BRANCH TRL, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $428,839. For a well positioned listing in LAKEWAY; LAKE, I'd target the $269,000 to $279,000 range. Against 2 similar active listings in LAKEWAY; LAKE, this price point lands at the most expensive of 2 comparable homes on the market. The smaller floor plan (1,515 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1970 construction puts this home 19 years older than the comp average, a factor in the pricing. Buyers in LAKEWAY; LAKE have 2 comparable options right now, with asking prices between $295,000 and $327,500. Recent trends in 78734 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 5506 LONGHORN LNDG, Austin TX 78734, with an adjusted value of $256,370; with a larger floor plan. 7 comparable transactions in LAKEWAY; LAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group