601 Peterson LN, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $668,695. For a well positioned listing in 78734, I'd target the $490,000 to $500,000 range. In the current 78734 market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. At 0.45 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. The active market in 78734 includes 6 comparable homes priced from $498,000 to $665,000. Recent trends in 78734 show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 15105 N Flamingo DR, Austin TX 78734, with an adjusted value of $440,821; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group