112 Edgewater CV, Lakeway TX 78734

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,430,939. Pricing this home between $1,059,000 and $1,069,000 would put it in the competitive sweet spot for 78734. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in 78734's current inventory. Being 164 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.32 acres versus the area average of 0.42) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78734, listed between $974,900 and $2,949,000. Market data shows 78734 prices fallen 6.5% over the last half year. The closest comparable sale, 506 Black Wolf RUN, Austin TX 78738 at an adjusted $1,750,091, is with a larger floor plan and a pool. With 7 comparable sales in 78734, 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