131 Star, Lakeway TX 78734

The market data from 7 similar recent sales in LAKEWAY points to a value of approximately $474,578. To sell within a reasonable timeframe at fair market value, the $395,000 to $405,000 range is where I'd position this. In the current LAKEWAY market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 689 sqft size difference versus comparable sales is reflected in the adjusted values. The 1968 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in LAKEWAY, listed between $390,000 and $1,150,000. In LAKEWAY, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 411 Lakeway DR, Lakeway TX 78734, adjusting to $426,100; with a larger floor plan. 7 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