304 Sunfish ST, Lakeway TX 78734

The estimated value of this property is $1,092,520, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $529,000 and $539,000. In the current LAKEWAY market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. This home's smaller footprint (152 sqft vs the comp average) plays a role in how the market prices it. The 0.92 acre lot (larger than the 0.54 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Recent trends in LAKEWAY show home values have fallen 4% since 6 months ago. The most comparable recent sale is 927 Challenger, Lakeway TX 78734, with an adjusted value of $1,708,910; with a larger floor plan. With 3 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