214 Fairlake CIR, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $452,627. For a well positioned listing in 78734, I'd target the $444,000 to $462,000 range. Against 6 similar active listings in 78734, this price point lands at the 2nd least expensive of 6 comparable homes on the market. The larger floor plan (118 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in 78734, listed between $495,000 and $650,000. Recent trends in 78734 show home values have risen 9.7% since 6 months ago. The most comparable recent sale is 38 White Magnolia CIrcle CIR, Austin TX 78734, with an adjusted value of $457,984; with a smaller floor plan. 7 comparable transactions in 78734 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