107 Far Vela LN, Lakeway TX 78734

7 recent sales in the surrounding area of this address suggest a current value of $1,638,396. My recommended list price range for this property would be $2,062,000 to $2,458,000. In the current SCHRAMM RANCH market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. At 822 sqft larger than the typical comp, the size difference factors into the valuation. The 1.30 acre lot (larger than the 0.45 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in SCHRAMM RANCH, listed between $1,695,000 and $3,150,000. In 78734, home values have fallen approximately 6.6% over the past 6 months. One of the strongest data points is 116 Vailco LN, Austin TX 78738, adjusting to $1,214,074; a strong comparable. Based on 7 relevant data points in SCHRAMM RANCH, 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