409 Palos Verdes DR, Lakeway TX 78734

Based on 7 closed sales in LAKEWAY, the data points to a value around $672,712 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $587,000 to $597,000. This home's position in the current LAKEWAY market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. A pool adds market appeal. Only 7 minus 5 of the comps had one. Lot size matters here: 0.45 acres versus 0.38 for the typical comp. There are currently 7 similar homes on the market in LAKEWAY, ranging from $574,900 to $899,000. Market data shows LAKEWAY prices fallen 9% over the last half year. The closest comparable sale, 105 Rupen DR, Lakeway TX 78734 at an adjusted $719,687, is with a larger floor plan and no pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus