108 Medalist ST, Lakeway TX 78734

My analysis of 4 comparable properties puts this home's estimated value at $719,848. Based on how the local market is moving, a list price between $607,000 and $617,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in LAKEWAY's current inventory. The smaller floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.59 acres versus the area average of 0.50) contributes to the valuation. With 3 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. The 6 month price trend in LAKEWAY: fallen 10.6%. The best comp here is 105 Tamarac CT, Lakeway TX 78734 at an adjusted value of $621,891, a strong comparable. With 4 comparable sales in LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group