613 Lake Estates DR, Austin TX 78734

Based on 3 closed sales in LAKEWAY, the data points to a value around $1,338,285 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,156,000 to $1,166,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in LAKEWAY's current inventory. Being 454 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.86 acres versus 0.55 for the typical comp. 3 similar homes are currently available in LAKEWAY, creating a buyer's market for this price range. Market data shows LAKEWAY prices fallen 14.7% over the last half year. The closest comparable sale, 504 Duck Lake DR, Lakeway TX 78734 at an adjusted $1,323,295, is with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus