1102 CRESTONE STREAM, Lakeway TX 78738

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,055,209. I'd recommend coming to market at $1,156,000 to $1,228,000 to strike the right balance between value and market velocity. In the current SERENE HILLS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (239 sqft vs the comp average) plays a role in how the market prices it. The 0.26 acre lot (smaller than the 0.31 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in SERENE HILLS, listed between $1,090,000 and $1,485,000. The trend in SERENE HILLS shows prices have fallen 1.7% in the past 6 months. 518 Doe Whisper WAY, Austin TX 78738 nearby adjusts to $1,136,154; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group