125 Snapper, Lakeway TX 78734

Based on 6 closed sales in LAKEWAY, the data points to a value around $927,817 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,018,000 to $1,163,000. This home's position in the current LAKEWAY market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. This home's larger footprint (104 sqft vs the comp average) plays a role in how the market prices it. Being built in 1987 (5 years older than comps) is factored into the value estimate. There are currently 5 similar homes on the market in LAKEWAY, ranging from $950,000 to $1,475,000. Market data shows LAKEWAY prices fallen 13.5% over the last half year. The closest comparable sale, 412 Malabar ST, Austin TX 78734 at an adjusted $629,804, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group