702 Dragon, Lakeway TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $778,335. To generate strong buyer interest while maximizing value, I'd price this between $633,000 and $643,000. Against 5 similar active listings in LAKEWAY, this price point lands at the 3rd most expensive of 5 comparable homes on the market. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. The 1969 construction puts this home 10 years older than the comp average, a factor in the pricing. There are currently 5 similar homes on the market in LAKEWAY, ranging from $559,500 to $875,000. The trend in LAKEWAY shows prices have fallen 2.7% in the past 6 months. 409 Malabar ST, Austin TX 78734 nearby adjusts to $800,198; with a smaller floor plan and no pool. 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