111 Lucia CIR # 3, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $510,566. For a well positioned listing in TUSCAN, I'd target the $386,000 to $396,000 range. With 6 comparable homes on the market in TUSCAN, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. At 131 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. With 6 similar homes currently listed in TUSCAN (a buyer's market), competition is a factor to consider. Recent trends in 78734 show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 108 Rivalto CIR # 5, Lakeway TX 78734, with an adjusted value of $535,059; a strong comparable. The 6 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