107 Palos Verdes DR, Lakeway TX 78734

The market data from 7 similar recent sales in LAKEWAY points to a value of approximately $892,253. To sell within a reasonable timeframe at fair market value, the $761,000 to $771,000 range is where I'd position this. With 5 comparable homes on the market in LAKEWAY, this price positions the property as the most expensive of 5 comparable homes on the market. With 5 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. In LAKEWAY, home values have fallen approximately 15.9% over the past 6 months. One of the strongest data points is 713 Sunfish ST, Lakeway TX 78734, adjusting to $858,970; a strong comparable. 7 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