1202 Sledge DR, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $575,874. For a well positioned listing in 78734, I'd target the $629,000 to $691,000 range. Against 3 similar active listings in 78734, this price point lands at the most affordable of 3 comparable homes on the market. The 2006 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78734; a buyer's market based on recent absorption. Recent trends in 78734 show home values have fallen 5.1% since 6 months ago. The most comparable recent sale is 804 San Remo BLVD # 26B, Lakeway TX 78734, with an adjusted value of $496,816; with a smaller floor plan. 3 comparable transactions in 78734 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