511 Explorer, Austin TX 78734

3 recent sales within a mile of this address suggest a current value of $1,209,381. My recommended list price range for this property would be $839,000 to $849,000. Against 3 similar active listings in LAKEWAY, this price point lands at the most expensive of 3 comparable homes on the market. This home's smaller footprint (164 sqft vs the comp average) plays a role in how the market prices it. The 0.46 acre lot (larger than the 0.40 acre average) is reflected in the estimate. With 3 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. In LAKEWAY, home values have fallen approximately 13.5% over the past 6 months. One of the strongest data points is 904 Challenger, Lakeway TX 78734, adjusting to $1,179,435; with a smaller floor plan. Based on 3 relevant data points in LAKEWAY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX