112 Knarr ST, Lakeway TX 78734

After reviewing 7 recent transactions in LAKEWAY, I estimate this property's value at $1,108,910. A competitive list price for this home right now would fall in the $1,208,000 to $1,236,000 range. Relative to what's currently available in LAKEWAY, this home would be the 2nd most expensive of 3 comparable homes on the market. At 5 years newer than typical comps, the 2005 build date influences the valuation. The smaller lot (0.36 acres versus the area average of 0.40) contributes to the valuation. With 3 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. Prices in LAKEWAY have fallen 4.3% over the last 6 months. A similar home at 216 CORINTHIAN ST, Lakeway TX 78734 carries an adjusted comparable value of $1,284,967, providing a strong data point. The comp data here (7 sales in LAKEWAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus