214 Palos Verdes DR, Lakeway TX 78734

Based on 7 closed sales in LAKEWAY, the data points to a value around $780,772 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $538,000 to $548,000. Relative to what's currently available in LAKEWAY, this home would be the most expensive of 7 comparable homes on the market. Lot size matters here: 0.40 acres versus 0.36 for the typical comp. With 7 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. Market data shows LAKEWAY prices fallen 7.8% over the last half year. The closest comparable sale, 105 Rupen DR, Lakeway TX 78734 at an adjusted $710,201, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group