Taking into account 7 nearby comparable sales, this property's estimated value comes to $2,483,432. If we were to list this property today, I'd recommend a list price in the $1,137,000 to $1,147,000 range. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in 78734's current inventory. At 2,241 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 1.53 acres versus 1.06 for the typical comp. There are currently 6 similar homes on the market in 78734, ranging from $850,000 to $6,750,000. The 6 month price trend in 78734: fallen 10.7%. The best comp here is 109 SENDERA BONITA, Lakeway TX 78734 at an adjusted value of $2,355,942, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78734. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
