722 Sunfish ST, Lakeway TX 78734

After reviewing 7 recent transactions in LAKEWAY, I estimate this property's value at $1,023,370. A competitive list price for this home right now would fall in the $1,268,000 to $1,339,000 range. Relative to what's currently available in LAKEWAY, this home would be the 2nd least expensive of 4 comparable homes on the market. At 207 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.56 acres versus the area average of 0.42) contributes to the valuation. With 4 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. Prices in LAKEWAY have fallen 4% over the last 6 months. A similar home at 821 Malabar ST, Austin TX 78734 carries an adjusted comparable value of $1,612,649, providing a strong data point. The comp data here (7 sales in LAKEWAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus