15417 STROUP CIR, Lakeway TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,010,814. I'd recommend coming to market at $737,000 to $747,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in CARDINAL HILLS ESTATES, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The larger floor plan (330 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.79 acre lot (larger than the 0.50 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in CARDINAL HILLS ESTATES; a buyer's market based on recent absorption. The trend in CARDINAL HILLS ESTATES shows prices have fallen 3.6% in the past 6 months. 2903 Katter CT, Austin TX 78734 nearby adjusts to $1,105,106; with a pool. Based on 7 relevant data points in CARDINAL HILLS ESTATES, 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