505 Ladin LN, Lakeway TX 78734

The estimated value of this property is $506,016, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $416,000 and $426,000. Against 7 similar active listings in 78734, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.31 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78734; a buyer's market based on recent absorption. Recent trends in 78734 show home values have fallen 7% since 6 months ago. The most comparable recent sale is 15200 Falcon DR, Austin TX 78734, with an adjusted value of $479,133; with a smaller floor plan. With 5 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