133 Schooner DR, Lakeway TX 78738

The estimated value of this property is $954,441, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $695,000 and $705,000. With 5 comparable homes on the market in LAKEWAY, this price positions the property as the most expensive of 5 comparable homes on the market. The larger floor plan (288 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2011, this home is 7 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Recent trends in LAKEWAY show home values have fallen 13.2% since 6 months ago. The most comparable recent sale is 502 Lakeway DR, Lakeway TX 78734, with an adjusted value of $1,065,248; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group