208 EXPLORER, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $540,481. For a well positioned listing in LAKEWAY, I'd target the $524,000 to $557,000 range. Against 5 similar active listings in LAKEWAY, this price point lands at the 3rd most expensive of 5 comparable homes on the market. This home's smaller footprint (119 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 5 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Recent trends in LAKEWAY show home values have fallen 13.5% since 6 months ago. The most comparable recent sale is 137 Long Wood Ave, Lakeway TX 78734, with an adjusted value of $497,487; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group