809 KENSPUR LN, Lakeway TX 78738

The market data from 7 similar recent sales in SERENE HILLS points to a value of approximately $1,473,982. To sell within a reasonable timeframe at fair market value, the $1,205,000 to $1,215,000 range is where I'd position this. With 4 comparable homes on the market in SERENE HILLS, this price positions the property as the most expensive of 4 comparable homes on the market. Being 234 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.47 acre comp average, which factors into pricing. With 4 similar homes currently listed in SERENE HILLS (a buyer's market), competition is a factor to consider. In SERENE HILLS, home values have fallen approximately 1.7% over the past 6 months. One of the strongest data points is 409 Bowcross PT, Austin TX 78738, adjusting to $1,874,428; with a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group