16 Prestonwood CIR, Lakeway TX 78734

The estimated value of this property is $547,162, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $583,000 and $676,000. Against 3 similar active listings in BOULEVARD LAKEWAY, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (218 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 3 comparable homes in BOULEVARD LAKEWAY; based on recent absorption. Recent trends in BOULEVARD LAKEWAY show home values have fallen 1.6% since 6 months ago. The most comparable recent sale is 8 Prestonwood CIR, Lakeway TX 78734, with an adjusted value of $582,617; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group