105 El Rio DR, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $1,162,542. For a well positioned listing in LAKEWAY, I'd target the $899,000 to $909,000 range. In the current LAKEWAY market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 506 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.43 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. With 7 similar homes currently listed in LAKEWAY (a balanced market), competition is a factor to consider. Recent trends in LAKEWAY show home values have risen 1.2% since 6 months ago. The most comparable recent sale is 604 FLAMINGO CV, Lakeway TX 78738, with an adjusted value of $1,078,623; with a larger floor plan. 6 comparable transactions in LAKEWAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group