127 Schooner DR, Lakeway TX 78738

After reviewing 3 recent transactions in LAKEWAY, I estimate this property's value at $622,653. A competitive list price for this home right now would fall in the $693,000 to $735,000 range. Relative to what's currently available in LAKEWAY, this home would be the most affordable of 7 comparable homes on the market. At 5 years newer than typical comps, the 1999 build date influences the valuation. The larger lot (0.47 acres versus the area average of 0.39) contributes to the valuation. Buyers in LAKEWAY have 7 comparable options right now, with asking prices between $594,500 and $899,000. Prices in LAKEWAY have fallen 13.2% over the last 6 months. A similar home at 3501 Lakeway BLVD, Lakeway TX 78734 carries an adjusted comparable value of $619,533, providing a strong data point. With 3 comparable sales in LAKEWAY, 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