1004 Biscayne CV, Lakeway TX 78734

My analysis of 6 comparable properties puts this home's estimated value at $688,443. Based on how the local market is moving, a list price between $586,000 and $596,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in LAKEWAY's current inventory. Being 149 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.32 acres versus the area average of 0.35) contributes to the valuation. Current inventory shows 7 comparable homes in LAKEWAY; a buyer's market based on recent absorption. The 6 month price trend in LAKEWAY: fallen 13.5%. The best comp here is 701 Dragon, Lakeway TX 78734 at an adjusted value of $576,124, with a pool. The comp data here (6 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