604 Explorer, Lakeway TX 78734

Taking into account 5 nearby comparable sales, this property's estimated value comes to $997,778. If we were to list this property today, I'd recommend a list price in the $795,000 to $805,000 range. Relative to what's currently available in LAKEWAY, this home would be the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (141 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.40 acres versus 0.32 for the typical comp. Current inventory shows 3 comparable homes in LAKEWAY; a buyer's market based on recent absorption. The 6 month price trend in LAKEWAY: fallen 13.3%. The best comp here is 904 Challenger, Lakeway TX 78734 at an adjusted value of $1,099,096, a strong comparable. The strength of this estimate comes from 5 directly comparable sales in LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group