307 Camino Arbolago, Lakeway TX 78734

The estimated value of this property is $2,075,739, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,462,000 and $1,472,000. In the current ARBOLAGO market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. Being 145 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2010, this home is 7 years newer than the average comp, which is reflected in the adjustments. There are currently 6 similar homes on the market in ARBOLAGO, ranging from $1,399,990 to $2,750,000. Recent trends in 78734 show home values have fallen 9.6% since 6 months ago. The most comparable recent sale is 306 Bella Montagna CIR, Austin TX 78734, with an adjusted value of $2,413,539; 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