504 Palos Verdes DR, Lakeway TX 78734

The estimated value of this property is $544,349, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $552,000 and $572,000. In the current LAKEWAY market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 0.39 acre lot (larger than the 0.35 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Recent trends in LAKEWAY show home values have fallen 10.6% since 6 months ago. The most comparable recent sale is 137 Long Wood Ave, Lakeway TX 78734, with an adjusted value of $512,378; with a larger floor plan. Based on 7 relevant data points in LAKEWAY, 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