Ed's Opinion of Value

$725,654 Ed's Estimate: $929,993 $1,400,148
Lowest Comp Recommended List: $911,000 to $949,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $929,993. Pricing this home between $911,000 and $949,000 would put it in the competitive sweet spot for 78734. This home's position in the current 78734 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being 164 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.68 acres versus the area average of 0.45) contributes to the valuation. There are currently 7 similar homes on the market in 78734, ranging from $825,000 to $1,499,000. Market data shows 78734 prices risen 11.1% over the last half year. The closest comparable sale, 216 Sailors RUN, Lakeway TX 78734 at an adjusted $725,654, is with a smaller floor plan. The comp data here (7 sales in 78734) 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
5 Beds
4 Baths
3,585 Sq Ft
0.677 Acres

Location

Property Details

Property Type Residential
County Travis
MLS # 3195170

Listing History

MLS# 3195170 118 days
Jul 25, 2012 Off Market
Jan 26, 2012 Listed $629,500

Frequently Asked Questions About 1408 Lakeway DR, Lakeway TX 78734

How much does 1408 Lakeway DR, Lakeway TX 78734 cost?

1408 Lakeway DR, Lakeway TX 78734 sold on July 25, 2012. Contact us for sale price details.

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