1002 Challenger, Lakeway TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $848,962. Based on how the local market is moving, a list price between $858,000 and $902,000 would position this home well. This home's position in the current LAKEWAY market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (201 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 3 comparable homes in LAKEWAY; a buyer's market based on recent absorption. The 6 month price trend in LAKEWAY: fallen 2.6%. The best comp here is 407 Dasher DR, Lakeway TX 78734 at an adjusted value of $1,257,712, with a smaller floor plan. The comp data here (7 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