615 LAKE ESTATES DR, Lakeway TX 78734

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $906,247. Pricing this home between $1,124,000 and $1,137,000 would put it in the competitive sweet spot for LAKEWAY. This home's position in the current LAKEWAY market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (217 sqft vs the comp average) plays a role in how the market prices it. At 5 years newer than typical comps, the 2003 build date influences the valuation. The active market in LAKEWAY includes 7 comparable homes priced from $825,000 to $2,550,000. Market data shows LAKEWAY prices risen 11.1% over the last half year. The closest comparable sale, 909 Porpoise ST, Austin TX 78734 at an adjusted $877,685, is with a smaller floor plan. With 7 comparable sales in LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group