711 Mariner, Lakeway TX 78734

The market data from 5 similar recent sales in LAKEWAY points to a value of approximately $734,824. To sell within a reasonable timeframe at fair market value, the $549,000 to $559,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in LAKEWAY. At 0.27 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LAKEWAY; a balanced market based on recent absorption. In LAKEWAY, home values have risen approximately 9.7% over the past 6 months. One of the strongest data points is 911 Electra, Lakeway TX 78734, adjusting to $902,376; a strong comparable. The 5 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