202 Far Vela LN, Lakeway TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $1,405,656. Based on how the local market is moving, a list price between $1,595,000 and $1,913,000 would position this home well. This pricing would rank the home as the most affordable of 3 comparable homes on the market in LAKEWAY's current inventory. This home's larger footprint (2,656 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.01 acres versus the area average of 0.39) contributes to the valuation. The active market in LAKEWAY includes 3 comparable homes priced from $1,850,000 to $2,950,000. The 6 month price trend in LAKEWAY: fallen 4.3%. The best comp here is 511 Duck Lake DR, Lakeway TX 78734 at an adjusted value of $985,600, with a smaller floor plan. With 7 comparable sales in LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group