110 Tellus ST, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $811,807. For a well positioned listing in LAKEWAY, I'd target the $857,000 to $880,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in LAKEWAY. The 257 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.42 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Recent trends in LAKEWAY show home values have fallen 13.5% since 6 months ago. The most comparable recent sale is 103 El Norte CT, Lakeway TX 78734, with an adjusted value of $774,873; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group