605 Vanguard ST, Lakeway TX 78734

The market data from 7 similar recent sales in 78734 points to a value of approximately $1,279,645. To sell within a reasonable timeframe at fair market value, the $874,000 to $884,000 range is where I'd position this. With 7 comparable homes on the market in 78734, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. At 1.09 acres, the lot is larger than the 0.54 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78734; a buyer's market based on recent absorption. In 78734, home values have fallen approximately 6.2% over the past 6 months. One of the strongest data points is 205 Bisset CT, Austin TX 78738, adjusting to $1,430,502; 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