407 New Lido, Lakeway TX 78734

The estimated value of this property is $775,936, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $624,000 and $634,000. In the current LAKEWAY market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The pool is a standout feature, with 5 of 7 comparable homes not offering one. The 0.40 acre lot (larger than the 0.34 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in LAKEWAY, listed between $630,000 and $925,500. Recent trends in LAKEWAY show home values have fallen 9% since 6 months ago. The most comparable recent sale is 126 Royal Oak LN, Lakeway TX 78734, with an adjusted value of $958,014; with a smaller floor plan and no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group