205 Malabar, Lakeway TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,224,237. To generate strong buyer interest while maximizing value, I'd price this between $798,000 and $808,000. Against 7 similar active listings in LAKEWAY, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Being 310 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1967 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 $800,000 and $1,475,000. The trend in LAKEWAY shows prices have fallen 13.2% in the past 6 months. 821 Malabar ST, Austin TX 78734 nearby adjusts to $1,609,193; with a smaller floor plan and a pool. 4 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