Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $710,609. To generate strong buyer interest while maximizing value, I'd price this between $696,000 and $725,000. With 6 comparable homes on the market in LAKEWAY SEC CLUSTERS, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. This home's larger footprint (441 sqft vs the comp average) plays a role in how the market prices it. At 0.19 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. The active market in LAKEWAY SEC CLUSTERS includes 6 comparable homes priced from $599,000 to $849,000. The trend in LAKEWAY SEC CLUSTERS shows prices have fallen 11.5% in the past 6 months. 319 Hazeltine DR, Lakeway TX 78734 nearby adjusts to $750,748; with a smaller floor plan. 3 comparable transactions in LAKEWAY SEC CLUSTERS 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