204 Malabar ST, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $477,436. For a well positioned listing in LAKEWAY, I'd target the $488,000 to $492,000 range. In the current LAKEWAY market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 320 sqft smaller than the typical comp, the size difference factors into the valuation. The 1970 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in LAKEWAY; a balanced market based on recent absorption. Recent trends in LAKEWAY show home values have risen 1.8% since 6 months ago. The most comparable recent sale is 411 Lakeway DR, Lakeway TX 78734, with an adjusted value of $459,588; with a larger floor plan. 3 comparable transactions in LAKEWAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group