804 Challenger, Lakeway TX 78734

After reviewing 3 recent transactions in LAKEWAY, I estimate this property's value at $910,403. A competitive list price for this home right now would fall in the $757,000 to $767,000 range. This would position the home competitively among 3 active listings in LAKEWAY. At 277 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.43 acres versus the area average of 0.40) contributes to the valuation. With 3 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. Prices in LAKEWAY have fallen 13.5% over the last 6 months. A similar home at 128 Squires DR, Lakeway TX 78734 carries an adjusted comparable value of $1,006,467, providing a strong data point. With 3 comparable sales in LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group