Based on 7 closed sales in PRESERVE LAKEWAY, the data points to a value around $966,242 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,033,000 to $1,038,000. This home's position in the current PRESERVE LAKEWAY market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. The larger floor plan (134 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 5 similar properties are competing for buyers in PRESERVE LAKEWAY, listed between $849,000 and $1,059,000. Market data shows 78734 prices fallen 5.9% over the last half year. The closest comparable sale, 15407 Barrie DR, Austin TX 78734 at an adjusted $745,309, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus