301 Palos Verdes DR, Lakeway TX 78734

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $862,590. I'd recommend coming to market at $754,000 to $764,000 to strike the right balance between value and market velocity. Against 5 similar active listings in LAKEWAY, this price point lands at the 3rd most expensive of 5 comparable homes on the market. At 269 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1977, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in LAKEWAY; a buyer's market based on recent absorption. The trend in LAKEWAY shows prices have fallen 12.2% in the past 6 months. 408 Rolling Green DR, Lakeway TX 78734 nearby adjusts to $929,193; a strong comparable. Based on 5 relevant data points in LAKEWAY, 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