406 Teal ST, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $512,094. For a well positioned listing in LAKEWAY, I'd target the $526,000 to $531,000 range. In the current LAKEWAY market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 205 sqft smaller than the typical comp, the size difference factors into the valuation. Buyers in LAKEWAY have 3 comparable options right now, with asking prices between $499,000 and $679,000. Recent trends in LAKEWAY show home values have fallen 9% since 6 months ago. The most comparable recent sale is 411 Lakeway DR, Lakeway TX 78734, with an adjusted value of $497,772; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group