1005 Porpoise ST, Lakeway TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $518,895. I'd recommend coming to market at $545,000 to $580,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in LAKEWAY. The smaller floor plan (114 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in LAKEWAY have 4 comparable options right now, with asking prices between $499,000 and $679,000. The trend in LAKEWAY shows prices have fallen 10% in the past 6 months. 308 Nautilus Ave, Lakeway TX 78738 nearby adjusts to $545,485; a strong comparable. Based on 7 relevant data points in LAKEWAY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX