207 Otter Creek CT, Lakeway TX 78734

The market data from 7 similar recent sales in LAKEWAY points to a value of approximately $894,279. To sell within a reasonable timeframe at fair market value, the $1,009,000 to $1,030,000 range is where I'd position this. Against 7 similar active listings in LAKEWAY, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 105 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. With 7 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. In LAKEWAY, home values have fallen approximately 9% over the past 6 months. One of the strongest data points is 106 Acapulco CT, Lakeway TX 78734, adjusting to $959,478; with a larger floor plan. 7 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