The comparable sales data (5 recent transactions in LAKEWAY) supports an estimated value of $1,197,628. The data suggests a list price between $1,012,000 and $1,022,000 would attract qualified buyers without leaving money on the table. This home's position in the current LAKEWAY market: the most expensive of 5 comparable homes on the market among comparable properties. At 214 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2018 (7 years newer than comps) is factored into the value estimate. Buyers in LAKEWAY have 5 comparable options right now, with asking prices between $1,003,200 and $1,399,000. Prices in LAKEWAY have fallen 2.7% over the last 6 months. A similar home at 205 Vitex DR, Lakeway TX 78734 carries an adjusted comparable value of $947,468, providing a strong data point. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
