301 Explorer, Lakeway TX 78734

My analysis of 6 comparable properties puts this home's estimated value at $1,019,395. Based on how the local market is moving, a list price between $839,000 and $849,000 would position this home well. Relative to what's currently available in LAKEWAY, this home would be the 4th most expensive of 7 comparable homes on the market. The larger floor plan (136 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 2 of the 6 comps lacked one. There are currently 7 similar homes on the market in LAKEWAY, ranging from $800,000 to $1,590,000. The 6 month price trend in LAKEWAY: fallen 13.5%. The best comp here is 502 Explorer, Lakeway TX 78734 at an adjusted value of $869,168, with a smaller floor plan. With 6 comparable sales in LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group