703 Hurst Creek RD, Lakeway TX 78734

After reviewing 7 recent transactions in COVES LAKEWAY, I estimate this property's value at $1,211,924. A competitive list price for this home right now would fall in the $921,000 to $931,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in COVES LAKEWAY's current inventory. Having a pool is a plus; 2 of the 7 comps lacked one. The larger lot (1.26 acres versus the area average of 0.38) contributes to the valuation. With 7 similar homes currently listed in COVES LAKEWAY (a buyer's market), competition is a factor to consider. Prices in 78734 have fallen 6.2% over the last 6 months. A similar home at 1 Sparrowglen LN, The Hills TX 78738 carries an adjusted comparable value of $1,341,916, 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