610 Lake Estates DR, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $942,890. For a well positioned listing in LAKEWAY, I'd target the $1,087,000 to $1,235,000 range. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in LAKEWAY. Being 266 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2005 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in LAKEWAY (a balanced market), competition is a factor to consider. Recent trends in LAKEWAY show home values have risen 9.7% since 6 months ago. The most comparable recent sale is 511 Duck Lake DR, Lakeway TX 78734, with an adjusted value of $829,099; 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