29 Water Front Ave, Lakeway TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $1,331,795. Based on how the local market is moving, a list price between $1,617,000 and $1,693,000 would position this home well. This home's position in the current LAKEWAY market: the most affordable of 2 comparable homes on the market among comparable properties. This home's larger footprint (3,033 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.16 acres versus the area average of 0.41) contributes to the valuation. With 2 similar homes currently listed in LAKEWAY (a balanced market), competition is a factor to consider. The 6 month price trend in LAKEWAY: fallen 18.2%. The best comp here is 904 Challenger, Lakeway TX 78734 at an adjusted value of $1,498,450, with a smaller floor plan. The comp data here (7 sales in LAKEWAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus