803 Electra, Lakeway TX 78734

My analysis of 3 comparable properties puts this home's estimated value at $985,238. Based on how the local market is moving, a list price between $729,000 and $739,000 would position this home well. Relative to what's currently available in LAKEWAY, this home would be the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (495 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.39 acres versus the area average of 0.34) contributes to the valuation. Right now, 7 similar properties are competing for buyers in LAKEWAY, listed between $787,000 and $1,650,000. The 6 month price trend in LAKEWAY: fallen 17.9%. The best comp here is 103 Nautilus Ave, Lakeway TX 78738 at an adjusted value of $1,042,839, with a pool. The comp data here (3 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