406 Morning Cloud ST, Lakeway TX 78734

Based on 4 closed sales in LAKEWAY, the data points to a value around $769,666 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $553,000 to $563,000. Relative to what's currently available in LAKEWAY, this home would be the 2nd most expensive of 7 comparable homes on the market. At 159 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1979 (5 years older than comps) is factored into the value estimate. The active market in LAKEWAY includes 7 comparable homes priced from $535,000 to $1,100,000. Market data shows LAKEWAY prices risen 1.8% over the last half year. The closest comparable sale, 911 Electra, Lakeway TX 78734 at an adjusted $883,686, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group