403 Teal, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $700,739. For a well positioned listing in LAKEWAY, I'd target the $583,000 to $593,000 range. With 7 comparable homes on the market in LAKEWAY, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 0.23 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. 7 similar homes are currently available in LAKEWAY, creating a balanced market for this price range. Recent trends in LAKEWAY show home values have fallen 17.9% since 6 months ago. The most comparable recent sale is 206 Duck Lake DR, Lakeway TX 78734, with an adjusted value of $769,483; with a pool. 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