707 Mariner, Lakeway TX 78734

The market data from 6 similar recent sales in LAKEWAY points to a value of approximately $495,299. To sell within a reasonable timeframe at fair market value, the $249,000 to $259,000 range is where I'd position this. Against 3 similar active listings in LAKEWAY, this price point lands at the most expensive of 3 comparable homes on the market. The 1969 construction puts this home 10 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in LAKEWAY; a balanced market based on recent absorption. In LAKEWAY, home values have risen approximately 8.4% over the past 6 months. One of the strongest data points is 703 Vanguard ST, Lakeway TX 78734, adjusting to $551,243; with a larger floor plan. The 6 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