112 Firebird ST, Lakeway TX 78734

The market data from 7 similar recent sales in LAKEWAY points to a value of approximately $2,007,402. To sell within a reasonable timeframe at fair market value, the $1,573,000 to $1,583,000 range is where I'd position this. With 7 comparable homes on the market in LAKEWAY, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 1,642 sqft larger than the typical comp, the size difference factors into the valuation. The 1978 construction puts this home 17 years older than the comp average, a factor in the pricing. The active market in LAKEWAY includes 7 comparable homes priced from $1,435,000 to $4,495,000. In LAKEWAY, home values have risen approximately 9% over the past 6 months. One of the strongest data points is 5 Water Front Ave, Lakeway TX 78734, adjusting to $3,229,057; with a smaller floor plan. The 7 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