118 Schooner DR, Lakeway TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $1,072,907. For a well positioned listing in LAKEWAY, I'd target the $1,051,000 to $1,094,000 range. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in LAKEWAY. The smaller floor plan (1,339 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.34 acres, the lot is smaller than the 0.95 acre comp average, which factors into pricing. Recent trends in LAKEWAY show home values have risen 10.1% since 6 months ago. The most comparable recent sale is 508 Golden Bear DR, Austin TX 78738, with an adjusted value of $1,219,233; with a larger floor plan. 3 comparable transactions in LAKEWAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group