11 Green Terrace CV, Lakeway TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $480,960. Based on how the local market is moving, a list price between $544,000 and $549,000 would position this home well. Relative to what's currently available in TERRACE THE PRESERVE CONDO THE, this home would be the 2nd least expensive of 7 comparable homes on the market. The smaller lot (0.03 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 7 comparable homes in TERRACE THE PRESERVE CONDO THE; a buyer's market based on recent absorption. The 6 month price trend in 78734: risen 10.2%. The best comp here is 205 Bellagio DR, Lakeway TX 78734 at an adjusted value of $541,598, a strong comparable. With 7 comparable sales in TERRACE THE PRESERVE CONDO THE, 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