501 S Meadowlark ST # B, Lakeway TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $554,629. To generate strong buyer interest while maximizing value, I'd price this between $779,000 and $897,000. With 7 comparable homes on the market in CARDINAL HILLS CONDO AM, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 234 sqft larger than the typical comp, the size difference factors into the valuation. At 0.14 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Buyers in CARDINAL HILLS CONDO AM have 7 comparable options right now, with asking prices between $485,000 and $1,299,000. The trend in 78734 shows prices have fallen 6.6% in the past 6 months. 104 Glen Heather CT, Lakeway TX 78734 nearby adjusts to $455,742; with a smaller floor plan. 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