16 Sunset Park CV, Lakeway TX 78734

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $801,804. Pricing this home between $974,000 and $1,044,000 would put it in the competitive sweet spot for SUNSET PARK. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in SUNSET PARK's current inventory. The larger floor plan (247 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (1.16 acres versus the area average of 1.22) contributes to the valuation. Right now, 7 similar properties are competing for buyers in SUNSET PARK, listed between $695,000 and $4,250,000. Market data shows 78734 prices fallen 11.4% over the last half year. The closest comparable sale, 50 Tiburon DR, Austin TX 78738 at an adjusted $871,913, is a strong comparable. The comp data here (7 sales in SUNSET PARK) 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