2050 Lohmans SPUR # 1502, Austin TX 78734

After reviewing 3 recent transactions in LANDING LAKEWAY, I estimate this property's value at $552,884. A competitive list price for this home right now would fall in the $403,000 to $413,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in LANDING LAKEWAY's current inventory. This home's smaller footprint (116 sqft vs the comp average) plays a role in how the market prices it. At 7 years newer than typical comps, the 2023 build date influences the valuation. Current inventory shows 3 comparable homes in LANDING LAKEWAY; a buyer's market based on recent absorption. Prices in 78734 have fallen 6.2% over the last 6 months. A similar home at 2050 Lohmans Spur RD # 1404, Lakeway TX 78734 carries an adjusted comparable value of $391,147, providing a strong data point. The comp data here (3 sales in LANDING LAKEWAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus