821 Challenger, Lakeway TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $1,141,111. Based on how the local market is moving, a list price between $918,000 and $928,000 would position this home well. Buyers shopping in 78734 right now would see this as a well positioned option among 7 comparable homes. The larger lot (1.55 acres versus the area average of 0.89) contributes to the valuation. With 7 similar homes currently listed in 78734 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78734: fallen 6.2%. The best comp here is 511 Duck Lake DR, Lakeway TX 78734 at an adjusted value of $866,440, a strong comparable. With 7 comparable sales in 78734, 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