111 Highlander ST, Lakeway TX 78734

The market data from 5 similar recent sales in LAKEWAY points to a value of approximately $700,212. To sell within a reasonable timeframe at fair market value, the $729,000 to $773,000 range is where I'd position this. With 5 comparable homes on the market in LAKEWAY, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 137 sqft larger than the typical comp, the size difference factors into the valuation. The 1968 construction puts this home 5 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. In LAKEWAY, home values have fallen approximately 13.5% over the past 6 months. One of the strongest data points is 713 VANGUARD ST, Austin TX 78734, adjusting to $794,609; with a pool. The 5 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