720 Cutlass, Lakeway TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,302,243. To generate strong buyer interest while maximizing value, I'd price this between $1,072,000 and $1,082,000. With 7 comparable homes on the market in LAKEWAY, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 337 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 1 of 5 comparable sales didn't include one. 7 similar homes are currently available in LAKEWAY, creating a buyer's market for this price range. The trend in LAKEWAY shows prices have fallen 12% in the past 6 months. 821 Malabar ST, Austin TX 78734 nearby adjusts to $1,801,096; with a smaller floor plan. 5 comparable transactions in LAKEWAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group