121 Sailfish ST, Lakeway TX 78734

The market data from 4 similar recent sales in LAKEWAY points to a value of approximately $1,113,601. To sell within a reasonable timeframe at fair market value, the $1,311,000 to $1,479,000 range is where I'd position this. Against 7 similar active listings in LAKEWAY, this price point lands at the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (231 sqft vs the comp average) plays a role in how the market prices it. The 1968 construction puts this home 9 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in LAKEWAY, creating a balanced market for this price range. In LAKEWAY, home values have risen approximately 6.3% over the past 6 months. One of the strongest data points is 821 Malabar ST, Austin TX 78734, adjusting to $1,664,007; with a smaller floor plan and a pool. 4 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