432 Eagle, Lakeway TX 78734

The market data from 4 similar recent sales in LAKEWAY points to a value of approximately $698,354. To sell within a reasonable timeframe at fair market value, the $595,000 to $605,000 range is where I'd position this. With 7 comparable homes on the market in LAKEWAY, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 0.34 acres, the lot is smaller than the 0.38 acre comp average, which factors into pricing. With 7 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. In LAKEWAY, home values have fallen approximately 13.5% over the past 6 months. One of the strongest data points is 701 Dragon, Lakeway TX 78734, adjusting to $583,085; with a smaller floor plan and a pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group