304 TIMPANAGOS DR, Lakeway TX 78734

After reviewing 4 recent transactions in LAKEWAY, I estimate this property's value at $880,197. A competitive list price for this home right now would fall in the $743,000 to $753,000 range. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in LAKEWAY's current inventory. At 5 years newer than typical comps, the 2004 build date influences the valuation. The larger lot (0.37 acres versus the area average of 0.32) contributes to the valuation. Right now, 5 similar properties are competing for buyers in LAKEWAY, listed between $800,000 and $1,050,000. Prices in LAKEWAY have fallen 14.7% over the last 6 months. A similar home at 904 Challenger, Lakeway TX 78734 carries an adjusted comparable value of $1,051,450, providing a strong data point. With 4 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