209 Far Vela LN, Lakeway TX 78734

After reviewing 7 recent transactions in SCHRAMM RANCH, I estimate this property's value at $1,290,187. A competitive list price for this home right now would fall in the $969,000 to $979,000 range. This would position the home competitively among 7 active listings in SCHRAMM RANCH. Having a pool is a plus; 2 of the 7 comps lacked one. The larger lot (1.00 acres versus the area average of 0.29) contributes to the valuation. The active market in SCHRAMM RANCH includes 7 comparable homes priced from $899,000 to $1,549,000. Prices in 78734 have fallen 9.4% over the last 6 months. A similar home at 117 Black Wolf RUN, Austin TX 78738 carries an adjusted comparable value of $1,352,460, providing a strong data point. With 7 comparable sales in SCHRAMM RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group