134 LAKEWAY DR, Lakeway TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $1,031,514. Based on how the local market is moving, a list price between $662,000 and $672,000 would position this home well. Buyers shopping in 78734 right now would see this as a well positioned option among 4 comparable homes. At 5 years older than typical comps, the 2003 build date influences the valuation. The larger lot (0.39 acres versus the area average of 0.30) contributes to the valuation. There are currently 4 similar homes on the market in 78734, ranging from $689,900 to $4,250,000. The 6 month price trend in 78734: fallen 11.4%. The best comp here is 219 Jack Nicklaus DR, Austin TX 78738 at an adjusted value of $1,442,731, a strong comparable. With 7 comparable sales in 78734, 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