817 Electra, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $966,273. For a well positioned listing in LAKEWAY, I'd target the $693,000 to $703,000 range. With 5 comparable homes on the market in LAKEWAY, this price positions the property as the most expensive of 5 comparable homes on the market. At 0.28 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in LAKEWAY, listed between $630,000 and $1,475,000. Recent trends in LAKEWAY show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 713 Sunfish ST, Lakeway TX 78734, with an adjusted value of $810,865; a strong comparable. 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