1007 Biscayne CV, Lakeway TX 78734

Based on 3 closed sales in LAKEWAY, the data points to a value around $586,442 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $273,000 to $283,000. This home's position in the current LAKEWAY market: the most expensive of 6 comparable homes on the market among comparable properties. Being built in 1973 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.20 acres versus 0.24 for the typical comp. There are currently 6 similar homes on the market in LAKEWAY, ranging from $294,999 to $515,000. Market data shows LAKEWAY prices fallen 3.3% over the last half year. The closest comparable sale, 308 Nautilus Ave, Lakeway TX 78738 at an adjusted $540,414, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus