515 Explorer, Lakeway TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,139,162. To generate strong buyer interest while maximizing value, I'd price this between $833,000 and $843,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in LAKEWAY. At 250 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.51 acres, the lot is larger than the 0.43 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in LAKEWAY, listed between $800,000 and $1,590,000. The trend in LAKEWAY shows prices have fallen 13.5% in the past 6 months. 109 INDIAN BEND DR, Lakeway TX 78734 nearby adjusts to $1,078,577; with a smaller floor plan and a pool. 3 comparable transactions in LAKEWAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group