104 Melody AND 918A Electra ST, Lakeway TX 78734

The market data from 7 similar recent sales in 78734 points to a value of approximately $1,152,097. To sell within a reasonable timeframe at fair market value, the $924,000 to $934,000 range is where I'd position this. Among the similar homes currently available in 78734, this price point stands out as competitive. At 144 sqft larger than the typical comp, the size difference factors into the valuation. The 2004 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78734; a buyer's market based on recent absorption. In 78734, home values have fallen approximately 9.4% over the past 6 months. One of the strongest data points is 502 Explorer, Lakeway TX 78734, adjusting to $889,092; a strong comparable. 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