113 Tonkawa TRL, Lakeway TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $892,879. For a well positioned listing in PALOMBA OF, I'd target the $731,000 to $741,000 range. With 6 comparable homes on the market in PALOMBA OF, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. At 0.46 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in PALOMBA OF; a buyer's market based on recent absorption. Recent trends in 78738 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 17 Borello DR # 17, Austin TX 78738, with an adjusted value of $850,206; with a larger floor plan. 6 comparable transactions in PALOMBA OF support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group