114 Comet, Lakeway TX 78734

Based on 7 closed sales in LAKEWAY, the data points to a value around $718,714 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $573,000 to $583,000. This would position the home competitively among 5 active listings in LAKEWAY. Being built in 1968 (7 years older than comps) is factored into the value estimate. Lot size matters here: 0.30 acres versus 0.34 for the typical comp. With 5 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. Market data shows LAKEWAY prices fallen 13.5% over the last half year. The closest comparable sale, 415 Dasher DR, Lakeway TX 78734 at an adjusted $574,767, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group