1101 LAKEWAY # A, Lakeway TX 78734

After reviewing 4 recent transactions in 78734, I estimate this property's value at $692,389. A competitive list price for this home right now would fall in the $457,000 to $467,000 range. This home's position in the current 78734 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.43) contributes to the valuation. Current inventory shows 7 comparable homes in 78734; a buyer's market based on recent absorption. Prices in 78734 have fallen 6.1% over the last 6 months. A similar home at 409 Palos Verdes DR, Lakeway TX 78734 carries an adjusted comparable value of $649,877, providing a strong data point. With 4 comparable sales in 78734, 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