611 Eagle, Lakeway TX 78734

The estimated value of this property is $1,224,788, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,364,000 and $1,395,000. Against 7 similar active listings in LAKEWAY, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 336 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.51 acre lot (larger than the 0.40 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in LAKEWAY, listed between $1,150,000 and $2,300,000. Recent trends in LAKEWAY show home values have fallen 13.5% since 6 months ago. The most comparable recent sale is 604 FLAMINGO CV, Lakeway TX 78738, with an adjusted value of $1,191,683; with a smaller floor plan. Based on 4 relevant data points in LAKEWAY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX