205 Phlox DR, Lakeway TX 78734

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $655,129. Pricing this home between $671,000 and $793,000 would put it in the competitive sweet spot for LAKEWAY. Buyers shopping in LAKEWAY right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.26 acres versus the area average of 0.29) contributes to the valuation. Current inventory shows 7 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Market data shows LAKEWAY prices fallen 13.5% over the last half year. The closest comparable sale, 126 Copperleaf RD, Lakeway TX 78734 at an adjusted $658,113, is a strong comparable. The comp data here (4 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