103 Arroyo Claro, Lakeway TX 78734

The estimated value of this property is $2,274,680, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,845,000 and $1,855,000. In the current ARBOLAGO market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 1.01 acre lot (larger than the 0.94 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in ARBOLAGO; a buyer's market based on recent absorption. Recent trends in 78734 show home values have fallen 10.8% since 6 months ago. The most comparable recent sale is 306 Bella Montagna CIR, Austin TX 78734, with an adjusted value of $2,354,097; with a smaller floor plan. Based on 5 relevant data points in ARBOLAGO, 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