111 Blue Lake CT, Lakeway TX 78734

My analysis of 3 comparable properties puts this home's estimated value at $614,324. Based on how the local market is moving, a list price between $602,000 and $627,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in LAKEWAY's current inventory. The smaller lot (0.25 acres versus the area average of 0.29) contributes to the valuation. With 7 similar homes currently listed in LAKEWAY (a balanced market), competition is a factor to consider. The 6 month price trend in LAKEWAY: risen 10.7%. The best comp here is 120 Copperleaf RD, Lakeway TX 78734 at an adjusted value of $612,589, with a smaller floor plan. With 3 comparable sales in LAKEWAY, 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