104 MELODY ST, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $914,721. For a well positioned listing in LAKEWAY, I'd target the $725,000 to $735,000 range. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in LAKEWAY. This home's larger footprint (140 sqft vs the comp average) plays a role in how the market prices it. The 2004 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in LAKEWAY includes 6 comparable homes priced from $800,000 to $1,590,000. Recent trends in LAKEWAY show home values have fallen 20.5% since 6 months ago. The most comparable recent sale is 128 Squires DR, Lakeway TX 78734, with an adjusted value of $995,060; with a smaller floor plan and a pool. 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