After reviewing 7 recent transactions in LAKEWAY, I estimate this property's value at $896,199. A competitive list price for this home right now would fall in the $889,000 to $913,000 range. Buyers shopping in LAKEWAY right now would see this as a well positioned option among 3 comparable homes. Having a pool is a plus; 2 of the 7 comps lacked one. There are currently 3 similar homes on the market in LAKEWAY, ranging from $790,000 to $895,000. Prices in LAKEWAY have fallen 2% over the last 6 months. A similar home at 106 Acapulco CT, Lakeway TX 78734 carries an adjusted comparable value of $888,737, 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