1023 Challenger, Lakeway TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,381,288. To generate strong buyer interest while maximizing value, I'd price this between $1,340,000 and $1,423,000. Among the similar homes currently available in LAKEWAY, this price point stands out as competitive. The 1,067 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.89 acres, the lot is larger than the 0.54 acre comp average, which factors into pricing. With 5 similar homes currently listed in LAKEWAY (a balanced market), competition is a factor to consider. The trend in LAKEWAY shows prices have risen 9.7% in the past 6 months. 137 Firebird ST, Lakeway TX 78734 nearby adjusts to $1,545,928; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group