1001 Challenger, Lakeway TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $808,112. To generate strong buyer interest while maximizing value, I'd price this between $792,000 and $824,000. Against 7 similar active listings in LAKEWAY, this price point lands at the most affordable of 7 comparable homes on the market. Being 358 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 1 of 3 comparable sales didn't include one. With 7 similar homes currently listed in LAKEWAY (a balanced market), competition is a factor to consider. The trend in LAKEWAY shows prices have risen 12.4% in the past 6 months. 108 S El Reno CV, Lakeway TX 78734 nearby adjusts to $847,934; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group