416 Eagle, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $959,600. For a well positioned listing in LAKEWAY, I'd target the $707,000 to $717,000 range. In the current LAKEWAY market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (217 sqft vs the comp average) plays a role in how the market prices it. At 0.41 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Recent trends in LAKEWAY show home values have fallen 13.5% since 6 months ago. The most comparable recent sale is 713 Sunfish ST, Lakeway TX 78734, with an adjusted value of $846,739; 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