308 Camino Arbolago, Lakeway TX 78734

My analysis of 6 comparable properties puts this home's estimated value at $2,238,165. Based on how the local market is moving, a list price between $1,380,000 and $1,390,000 would position this home well. Buyers shopping in 78734 right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (272 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.00 acres versus the area average of 0.90) contributes to the valuation. Right now, 3 similar properties are competing for buyers in 78734, listed between $1,325,000 and $3,295,000. The 6 month price trend in 78734: fallen 4.8%. The best comp here is 306 Bella Montagna CIR, Austin TX 78734 at an adjusted value of $2,472,100, with a smaller floor plan. With 6 comparable sales in 78734, 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