26 Cottondale RD, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $872,352. For a well positioned listing in HILLS OF LAKEWAY THE, I'd target the $704,000 to $714,000 range. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in HILLS OF LAKEWAY THE. The smaller floor plan (138 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.29 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in HILLS OF LAKEWAY THE; a buyer's market based on recent absorption. Recent trends in 78738 show home values have fallen 0.7% since 6 months ago. The most comparable recent sale is 138 Top O The Lake DR, Lakeway TX 78734, with an adjusted value of $776,381; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group