1137 Challenger, Lakeway TX 78734

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $2,029,566. Pricing this home between $1,631,000 and $1,641,000 would put it in the competitive sweet spot for LAKEWAY. This would position the home competitively among 7 active listings in LAKEWAY. This home's larger footprint (1,277 sqft vs the comp average) plays a role in how the market prices it. At 9 years older than typical comps, the 1975 build date influences the valuation. Current inventory shows 7 comparable homes in LAKEWAY; a balanced market based on recent absorption. Market data shows LAKEWAY prices fallen 1.1% over the last half year. The closest comparable sale, 5 Water Front Ave, Lakeway TX 78734 at an adjusted $3,362,694, is with a smaller floor plan. 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