109 SENDERA BONITA, Lakeway TX 78734

After reviewing 4 recent transactions in ARBOLAGO, I estimate this property's value at $2,618,619. A competitive list price for this home right now would fall in the $3,308,000 to $3,403,000 range. Relative to what's currently available in ARBOLAGO, this home would be the 2nd most expensive of 3 comparable homes on the market. The 140 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (1.61 acres versus the area average of 1.00) contributes to the valuation. The active market in ARBOLAGO includes 3 comparable homes priced from $2,300,000 to $4,300,000. Prices in 78734 have fallen 11.4% over the last 6 months. A similar home at 109 Bella Cima DR, Austin TX 78734 carries an adjusted comparable value of $2,296,088, providing a strong data point. With 4 comparable sales in ARBOLAGO, 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