817 MARINER, Lakeway TX 78734

The estimated value of this property is $1,111,462, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,323,000 and $1,365,000. With 7 comparable homes on the market in LAKEWAY, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (134 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1970, this home is 12 years older than the average comp, which is reflected in the adjustments. Buyers in LAKEWAY have 7 comparable options right now, with asking prices between $1,050,000 and $2,850,000. Recent trends in LAKEWAY show home values have fallen 11% since 6 months ago. The most comparable recent sale is 717 Mariner, Lakeway TX 78734, with an adjusted value of $1,125,567; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group