308 TIMPANAGOS, Lakeway TX 78734

After reviewing 7 recent transactions in LAKEWAY, I estimate this property's value at $689,149. A competitive list price for this home right now would fall in the $600,000 to $610,000 range. Buyers shopping in LAKEWAY right now would see this as a well positioned option among 7 comparable homes. Having a pool is a plus; 5 of the 7 comps lacked one. The smaller lot (0.00 acres versus the area average of 0.33) contributes to the valuation. Current inventory shows 7 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Prices in LAKEWAY have fallen 13.5% over the last 6 months. A similar home at 712 Rolling Green DR, Lakeway TX 78734 carries an adjusted comparable value of $639,102, providing a strong data point. With 7 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