After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $627,716. Pricing this home between $497,000 and $507,000 would put it in the competitive sweet spot for LAKEWAY. Relative to what's currently available in LAKEWAY, this home would be the 4th most expensive of 7 comparable homes on the market. There are currently 7 similar homes on the market in LAKEWAY, ranging from $535,000 to $799,000. Market data shows LAKEWAY prices risen 11.1% over the last half year. The closest comparable sale, 115 Tallstar DR, Lakeway TX 78734 at an adjusted $573,047, is a strong comparable. With 6 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