3 muirfield greens LN, Lakeway TX 78738

The estimated value of this property is $639,828, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $554,000 and $564,000. In the current 78738 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1996, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in 78738; a buyer's market based on recent absorption. Recent trends in 78738 show home values have fallen 1% since 6 months ago. The most comparable recent sale is 18 Tourney LN, The Hills TX 78738, with an adjusted value of $584,464; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group