107 Palos Verdes DR, Lakeway TX 78734

The market data from 7 similar recent sales in LAKEWAY points to a value of approximately $827,117. To sell within a reasonable timeframe at fair market value, the $725,000 to $735,000 range is where I'd position this. With 7 comparable homes on the market in LAKEWAY, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. With 7 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. In LAKEWAY, home values have fallen approximately 13.5% over the past 6 months. One of the strongest data points is 713 Sunfish ST, Lakeway TX 78734, adjusting to $859,016; 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