118 Tellus ST, Lakeway TX 78734

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $806,841. I'd recommend coming to market at $926,000 to $950,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in LAKEWAY. The pool is a standout feature, with 5 of 7 comparable homes not offering one. The 0.27 acre lot (smaller than the 0.31 acre average) is reflected in the estimate. The active market in LAKEWAY includes 7 comparable homes priced from $699,000 to $999,000. The trend in LAKEWAY shows prices have fallen 13.2% in the past 6 months. 409 Hurst Creek RD, Lakeway TX 78734 nearby adjusts to $659,292; 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