1 Water Front, Lakeway TX 78734

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $1,367,996. Pricing this home between $1,327,000 and $1,409,000 would put it in the competitive sweet spot for LAKEWAY. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in LAKEWAY's current inventory. The 553 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 1 of the 3 comps lacked one. With 5 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. Market data shows LAKEWAY prices fallen 13.5% over the last half year. The closest comparable sale, 503 Eagle, Lakeway TX 78734 at an adjusted $1,220,602, is with a smaller floor plan. The comp data here (3 sales in LAKEWAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus