117 TELLUS ST, Lakeway TX 78734

The estimated value of this property is $740,137, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $733,000 and $793,000. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in LAKEWAY. This home's smaller footprint (156 sqft vs the comp average) plays a role in how the market prices it. Built in 2000, this home is 6 years newer than the average comp, which is reflected in the adjustments. The active market in LAKEWAY includes 5 comparable homes priced from $699,000 to $899,000. Recent trends in LAKEWAY show home values have fallen 13.5% since 6 months ago. The most comparable recent sale is 126 Royal Oak LN, Lakeway TX 78734, with an adjusted value of $878,291; with a larger floor plan. Based on 5 relevant data points in LAKEWAY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX