15207 Joseph DR, Lakeway TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $690,704. I'd recommend coming to market at $511,000 to $521,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78734, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 177 sqft size difference versus comparable sales is reflected in the adjusted values. The 276.00 acre lot (larger than the 0.37 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78734; a buyer's market based on recent absorption. The trend in 78734 shows prices have fallen 4.2% in the past 6 months. 804 San Remo BLVD # 26B, Lakeway TX 78734 nearby adjusts to $498,260; a strong comparable. Based on 7 relevant data points in 78734, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX