409 Teal, Lakeway TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,247,748. To generate strong buyer interest while maximizing value, I'd price this between $1,022,000 and $1,032,000. Among the similar homes currently available in LAKEWAY, this price point stands out as competitive. At 263 sqft larger than the typical comp, the size difference factors into the valuation. The 1967 construction puts this home 6 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in LAKEWAY (a balanced market), competition is a factor to consider. The trend in LAKEWAY shows prices have risen 0.7% in the past 6 months. 713 Mariner, Lakeway TX 78734 nearby adjusts to $1,348,262; a strong comparable. 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