Taking into account 7 nearby comparable sales, this property's estimated value comes to $2,593,799. 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 1,628 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2016 (7 years newer than comps) is factored into the value estimate. 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 6%. 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