104 Melody ST, Lakeway TX 78734

The market data from 7 similar recent sales in LAKEWAY points to a value of approximately $997,806. To sell within a reasonable timeframe at fair market value, the $1,091,000 to $1,113,000 range is where I'd position this. Among the similar homes currently available in LAKEWAY, this price point stands out as competitive. At 102 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. Current inventory shows 7 comparable homes in LAKEWAY; a buyer's market based on recent absorption. In LAKEWAY, home values have fallen approximately 10% over the past 6 months. One of the strongest data points is 128 Squires DR, Lakeway TX 78734, adjusting to $1,114,869; with a smaller floor plan. The 7 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