112 SCHOONER, Lakeway TX 78738

Based on 4 closed sales in LAKEWAY, the data points to a value around $1,160,897 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $885,000 to $895,000. This home's position in the current LAKEWAY market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. This home's smaller footprint (125 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 4 minus 3 of the comps had one. 6 similar homes are currently available in LAKEWAY, creating a buyer's market for this price range. Market data shows LAKEWAY prices fallen 13.5% over the last half year. The closest comparable sale, 904 Challenger, Lakeway TX 78734 at an adjusted $1,203,866, is with a smaller floor plan and no pool. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus