314 Plum DR, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $1,092,395. For a well positioned listing in LAKEWAY, I'd target the $748,000 to $758,000 range. Against 3 similar active listings in LAKEWAY, this price point lands at the most expensive of 3 comparable homes on the market. The pool is a differentiator here, since 2 of 3 comparable sales didn't include one. The 1991 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in LAKEWAY; a balanced market based on recent absorption. Recent trends in LAKEWAY show home values have risen 11.1% since 6 months ago. The most comparable recent sale is 124 Hurst Creek RD, Austin TX 78734, with an adjusted value of $618,425; with a smaller floor plan. 3 comparable transactions in LAKEWAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group