118 Royal Oak LN, Lakeway TX 78734

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $750,057. I'd recommend coming to market at $600,000 to $610,000 to strike the right balance between value and market velocity. Against 7 similar active listings in LAKEWAY, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Built in 1989, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.29 acre lot (smaller than the 0.33 acre average) is reflected in the estimate. Buyers in LAKEWAY have 7 comparable options right now, with asking prices between $599,000 and $799,000. The trend in LAKEWAY shows prices have risen 9.6% in the past 6 months. 103 El Norte CT, Lakeway TX 78734 nearby adjusts to $721,377; a strong comparable. With 7 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