412 LAKEWAY DR, Austin TX 78734

The market data from 7 similar recent sales in 78734 points to a value of approximately $304,377. To sell within a reasonable timeframe at fair market value, the $380,000 to $390,000 range is where I'd position this. With 4 comparable homes on the market in 78734, this price positions the property as the most affordable of 4 comparable homes on the market. Being 239 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1968 construction puts this home 24 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in 78734, ranging from $325,000 to $1,150,000. In 78734, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 104 Bella Toscana Ave # 2211, Lakeway TX 78734, adjusting to $281,324; a strong comparable. 7 comparable transactions in 78734 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