504 Grapeleaf DR, Lakeway TX 78738

The estimated value of this property is $584,441, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $464,000 and $474,000. With 4 comparable homes on the market in DISTRICT, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (362 sqft compared to the average comp) is a meaningful differentiator in this price range. With 4 similar homes currently listed in DISTRICT (a buyer's market), competition is a factor to consider. Recent trends in DISTRICT show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 304 Grapeleaf DR, Lakeway TX 78738, with an adjusted value of $610,416; a strong comparable. Based on 4 relevant data points in DISTRICT, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX