The comparable sales data (5 recent transactions in LAKEWAY) supports an estimated value of $1,367,712. The data suggests a list price between $1,340,000 and $1,395,000 would attract qualified buyers without leaving money on the table. This home's position in the current LAKEWAY market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being built in 2018 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.27 acres versus 0.34 for the typical comp. The active market in LAKEWAY includes 7 comparable homes priced from $849,900 to $2,550,000. Prices in LAKEWAY have risen 10.7% over the last 6 months. A similar home at 806 Sunfish ST, Lakeway TX 78734 carries an adjusted comparable value of $2,282,872, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group