505 EXPLORER, Lakeway TX 78734

After reviewing 7 recent transactions in LAKEWAY, I estimate this property's value at $800,638. A competitive list price for this home right now would fall in the $880,000 to $884,000 range. Relative to what's currently available in LAKEWAY, this home would be the 3rd most expensive of 6 comparable homes on the market. The larger lot (0.47 acres versus the area average of 0.40) contributes to the valuation. Right now, 6 similar properties are competing for buyers in LAKEWAY, listed between $700,000 and $899,000. Prices in LAKEWAY have fallen 13.2% over the last 6 months. A similar home at 201 Explorer, Lakeway TX 78734 carries an adjusted comparable value of $936,561, providing a strong data point. The comp data here (7 sales in LAKEWAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus