701 Hurst Creek RD, Lakeway TX 78734

After reviewing 7 recent transactions in COVES LAKEWAY, I estimate this property's value at $1,646,302. A competitive list price for this home right now would fall in the $1,159,000 to $1,169,000 range. This home's position in the current COVES LAKEWAY market: the 0th most expensive of 3 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 2008 build date influences the valuation. The larger lot (1.18 acres versus the area average of 0.40) contributes to the valuation. With 3 similar homes currently listed in COVES LAKEWAY (a buyer's market), competition is a factor to consider. Prices in 78734 have fallen 9.4% over the last 6 months. A similar home at 105 Edgewater CV, Lakeway TX 78734 carries an adjusted comparable value of $2,026,485, providing a strong data point. With 7 comparable sales in COVES 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