29 Water Front Ave, Lakeway TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $2,375,182. Based on how the local market is moving, a list price between $2,330,000 and $3,572,000 would position this home well. This home's position in the current LAKEWAY market: the most expensive of 2 comparable homes on the market among comparable properties. This home's larger footprint (2,713 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 0.75) 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: risen 10.9%. The best comp here is 711 Cutlass, Lakeway TX 78734 at an adjusted value of $3,571,866, with a smaller floor plan and a pool. 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