1001 Challenger, Lakeway TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,231,222. To generate strong buyer interest while maximizing value, I'd price this between $774,000 and $784,000. Against 5 similar active listings in LAKEWAY, this price point lands at the most expensive of 5 comparable homes on the market. Being 257 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. With 5 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. The trend in LAKEWAY shows prices have fallen 2.6% in the past 6 months. 106 Acapulco CT, Lakeway TX 78734 nearby adjusts to $1,087,125; with a smaller floor plan. The 7 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