208 Far Vela LN, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $1,186,660. For a well positioned listing in SCHRAMM RANCH, I'd target the $1,216,000 to $1,232,000 range. Among the similar homes currently available in SCHRAMM RANCH, this price point stands out as competitive. At 1.00 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SCHRAMM RANCH; a buyer's market based on recent absorption. Recent trends in 78734 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 15407 Barrie DR, Austin TX 78734, with an adjusted value of $836,331; with a smaller floor plan. 7 comparable transactions in SCHRAMM RANCH 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