1226 Challenger, Lakeway TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $725,836. Based on how the local market is moving, a list price between $763,000 and $775,000 would position this home well. This home's position in the current 78734 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller lot (0.13 acres versus the area average of 0.39) contributes to the valuation. Current inventory shows 3 comparable homes in 78734; a buyer's market based on recent absorption. The 6 month price trend in 78734: fallen 6.8%. The best comp here is 911 Electra, Lakeway TX 78734 at an adjusted value of $867,458, a strong comparable. With 7 comparable sales in 78734, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group