204 Vitex DR, Lakeway TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $706,410. Based on how the local market is moving, a list price between $610,000 and $620,000 would position this home well. Relative to what's currently available in LAKEWAY, this home would be the 4th most expensive of 7 comparable homes on the market. At 20 years newer than typical comps, the 2018 build date influences the valuation. The smaller lot (0.27 acres versus the area average of 0.32) contributes to the valuation. Current inventory shows 7 comparable homes in LAKEWAY; a balanced market based on recent absorption. The 6 month price trend in LAKEWAY: risen 9.6%. The best comp here is 625 Sunfish ST, Lakeway TX 78734 at an adjusted value of $827,772, a strong comparable. The comp data here (7 sales in LAKEWAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus