239 Mooring CIR # B, Lakeway TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $399,947. I'd recommend coming to market at $419,000 to $494,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in LOHMANS CROSSING ESTATES, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 135 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1995, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in LOHMANS CROSSING ESTATES; a buyer's market based on recent absorption. The trend in 78734 shows prices have fallen 6% in the past 6 months. 28 Tournament WAY # 26, The Hills TX 78738 nearby adjusts to $518,661; a strong comparable. Based on 6 relevant data points in LOHMANS CROSSING ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX