323 EXPLORER, Lakeway TX 78734

The market data from 4 similar recent sales in LAKEWAY points to a value of approximately $1,141,655. To sell within a reasonable timeframe at fair market value, the $780,000 to $790,000 range is where I'd position this. With 7 comparable homes on the market in LAKEWAY, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 378 sqft larger than the typical comp, the size difference factors into the valuation. At 0.55 acres, the lot is larger than the 0.46 acre comp average, which factors into pricing. Buyers in LAKEWAY have 7 comparable options right now, with asking prices between $800,000 and $2,850,000. In LAKEWAY, home values have fallen approximately 13.2% over the past 6 months. One of the strongest data points is 921 Vanguard ST, Lakeway TX 78734, adjusting to $676,196; with a smaller floor plan. 4 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