7 recent sales within a mile of this address suggest a current value of $1,409,273. My recommended list price range for this property would be $1,535,000 to $1,571,000. Against 7 similar active listings in LAKEWAY, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 290 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 4 of 7 comparable homes not offering one. With 7 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. In LAKEWAY, home values have fallen approximately 12.2% over the past 6 months. One of the strongest data points is 604 FLAMINGO CV, Lakeway TX 78738, adjusting to $1,322,012; with a smaller floor plan and no pool. 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
