502 Duck Lake DR, Lakeway TX 78734

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $810,526. I'd recommend coming to market at $911,000 to $935,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in LAKEWAY, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. This home's larger footprint (220 sqft vs the comp average) plays a role in how the market prices it. Built in 2002, this home is 5 years newer than the average comp, which is reflected in the adjustments. The active market in LAKEWAY includes 6 comparable homes priced from $635,000 to $1,040,960. The trend in LAKEWAY shows prices have fallen 12% in the past 6 months. 511 Duck Lake DR, Lakeway TX 78734 nearby adjusts to $728,600; with a larger floor plan. With 7 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