The market data from 7 similar recent sales in LAKEWAY WORLD TENNIS CONDO points to a value of approximately $369,370. To sell within a reasonable timeframe at fair market value, the $274,000 to $284,000 range is where I'd position this. In the current LAKEWAY WORLD TENNIS CONDO market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 185 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 7 similar properties are competing for buyers in LAKEWAY WORLD TENNIS CONDO, listed between $298,000 and $375,000. In 78738, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 186 World of Tennis Sq SQ # 186, Lakeway TX 78738, adjusting to $337,388; a strong comparable. The 7 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
