416 Explorer, Lakeway TX 78734

Based on 7 closed sales in LAKEWAY, the data points to a value around $808,905 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $783,000 to $907,000. Buyers shopping in LAKEWAY right now would see this as a well positioned option among 7 comparable homes. At 146 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.38 acres versus 0.35 for the typical comp. Current inventory shows 7 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Market data shows LAKEWAY prices fallen 13.5% over the last half year. The closest comparable sale, 103 El Norte CT, Lakeway TX 78734 at an adjusted $732,873, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group