801 Electra, Lakeway TX 78734

The estimated value of this property is $1,118,220, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $855,000 and $865,000. Among the similar homes currently available in LAKEWAY, this price point stands out as competitive. Being 107 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.42 acre lot (larger than the 0.38 acre average) is reflected in the estimate. The active market in LAKEWAY includes 3 comparable homes priced from $800,000 to $1,650,000. Recent trends in LAKEWAY show home values have fallen 17.7% since 6 months ago. The most comparable recent sale is 216 CORINTHIAN ST, Lakeway TX 78734, with an adjusted value of $1,240,719; with a larger floor plan. Based on 4 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