422 Malabar ST, Lakeway TX 78734

Based on 3 closed sales in LAKEWAY, the data points to a value around $1,269,669 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $898,000 to $908,000. Buyers shopping in LAKEWAY right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (456 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 3 minus 1 of the comps had one. Current inventory shows 7 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Market data shows LAKEWAY prices fallen 13.2% over the last half year. The closest comparable sale, 821 Malabar ST, Austin TX 78734 at an adjusted $1,745,484, is with a smaller floor plan. This estimate draws on 3 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