After reviewing 7 recent transactions in LAKEWAY, I estimate this property's value at $884,696. A competitive list price for this home right now would fall in the $867,000 to $902,000 range. Buyers shopping in LAKEWAY right now would see this as a well positioned option among 4 comparable homes. Having a pool is a plus; 3 of the 7 comps lacked one. There are currently 4 similar homes on the market in LAKEWAY, ranging from $599,000 to $759,000. Prices in LAKEWAY have risen 10.7% over the last 6 months. A similar home at 1710 Lakeway BLVD, Lakeway TX 78734 carries an adjusted comparable value of $820,353, providing a strong data point. With 7 comparable sales in LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group