126 Royal Oak LN, Lakeway TX 78734

After reviewing 5 recent transactions in LAKEWAY, I estimate this property's value at $698,862. A competitive list price for this home right now would fall in the $701,000 to $718,000 range. This pricing would rank the home as the most expensive of 6 comparable homes on the market in LAKEWAY's current inventory. The smaller lot (0.29 acres versus the area average of 0.32) contributes to the valuation. Right now, 6 similar properties are competing for buyers in LAKEWAY, listed between $650,000 and $925,000. Prices in LAKEWAY have fallen 16.7% over the last 6 months. A similar home at 103 Calypso DR, Lakeway TX 78734 carries an adjusted comparable value of $677,026, providing a strong data point. The comp data here (5 sales in LAKEWAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus