15304 Dorothy DR, Lakeway TX 78734

The market data from 4 similar recent sales in 78734 points to a value of approximately $1,188,931. To sell within a reasonable timeframe at fair market value, the $1,628,000 to $1,709,000 range is where I'd position this. Against 7 similar active listings in 78734, this price point lands at the most affordable of 7 comparable homes on the market. The larger floor plan (1,085 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in 78734 includes 7 comparable homes priced from $1,299,900 to $2,750,000. In 78734, home values have fallen approximately 7% over the past 6 months. One of the strongest data points is 60 Tiburon DR, The Hills TX 78738, adjusting to $1,326,502; with a smaller floor plan. 4 comparable transactions in 78734 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group