7 recent sales within a mile of this address suggest a current value of $1,544,712. My recommended list price range for this property would be $1,330,000 to $1,340,000. Against 7 similar active listings in LAKEWAY, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Being 551 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 2 of 7 comparable homes not offering one. With 7 similar homes currently listed in LAKEWAY (a balanced market), competition is a factor to consider. In LAKEWAY, home values have risen approximately 11.1% over the past 6 months. One of the strongest data points is 806 Sunfish ST, Lakeway TX 78734, adjusting to $2,568,013; a strong comparable. Based on 7 relevant data points in LAKEWAY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
