422 Treasure Peak PASS, Lakeway TX 78738

The estimated value of this property is $2,621,382, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $2,569,000 and $2,674,000. With 7 comparable homes on the market in SERENE HILLS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 676 sqft larger than the typical comp, the size difference factors into the valuation. The 1.14 acre lot (larger than the 0.72 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in SERENE HILLS, ranging from $1,425,000 to $4,299,900. Recent trends in SERENE HILLS show home values have fallen 21.3% since 6 months ago. The most comparable recent sale is 308 Duckhorn PASS, Austin TX 78738, with an adjusted value of $2,129,502; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group