1612 Lakeway BLVD, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $452,059. For a well positioned listing in LAKEWAY, I'd target the $325,000 to $335,000 range. In the current LAKEWAY market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (174 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1974 construction puts this home 8 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in LAKEWAY, listed between $335,000 and $847,000. Recent trends in LAKEWAY show home values have fallen 12.2% since 6 months ago. The most comparable recent sale is 1706 Lakeway BLVD, Lakeway TX 78734, with an adjusted value of $473,865; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group