402 Teal, Lakeway TX 78734

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $514,616. I'd recommend coming to market at $610,000 to $633,000 to strike the right balance between value and market velocity. Among the similar homes currently available in LAKEWAY, this price point stands out as competitive. The 0.49 acre lot (larger than the 0.42 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in LAKEWAY, listed between $549,900 and $847,000. The trend in LAKEWAY shows prices have fallen 13.5% in the past 6 months. 614 Sunfish ST, Lakeway TX 78734 nearby adjusts to $379,545; with a larger floor plan. Based on 7 relevant data points in LAKEWAY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX