116 Spellbrook LN, Lakeway TX 78734

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $686,454. I'd recommend coming to market at $533,000 to $543,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in LAKEWAY SEC CLUSTERS, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Built in 1984, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.25 acre lot (smaller than the 0.28 acre average) is reflected in the estimate. The active market in LAKEWAY SEC CLUSTERS includes 4 comparable homes priced from $559,500 to $899,000. The trend in LAKEWAY SEC CLUSTERS shows prices have fallen 10.3% in the past 6 months. 108 Spellbrook LN, Lakeway TX 78734 nearby adjusts to $612,787; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group