1602 Lakeway BLVD, Lakeway TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $853,690. I'd recommend coming to market at $983,000 to $1,023,000 to strike the right balance between value and market velocity. Among the similar homes currently available in LAKEWAY, this price point stands out as competitive. Being 416 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2007, this home is 8 years newer than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in LAKEWAY, creating a buyer's market for this price range. The trend in LAKEWAY shows prices have fallen 10% in the past 6 months. 511 Duck Lake DR, Lakeway TX 78734 nearby adjusts to $771,745; a strong comparable. Based on 7 relevant data points in LAKEWAY, 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