801 Palos Verdes DR, Austin TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,232,607. To generate strong buyer interest while maximizing value, I'd price this between $1,041,000 and $1,051,000. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in LAKEWAY. The 2007 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.50 acres, the lot is larger than the 0.45 acre comp average, which factors into pricing. With 4 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. The trend in LAKEWAY shows prices have fallen 13.3% in the past 6 months. 504 Duck Lake DR, Lakeway TX 78734 nearby adjusts to $1,276,215; a strong comparable. 7 comparable transactions in LAKEWAY 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