840 Sunfish ST, Lakeway TX 78734

After reviewing 6 recent transactions in LAKEWAY, I estimate this property's value at $493,073. A competitive list price for this home right now would fall in the $420,000 to $430,000 range. This home's position in the current LAKEWAY market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 224 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.38 acres versus the area average of 0.34) contributes to the valuation. With 7 similar homes currently listed in LAKEWAY (a buyer's market), competition is a factor to consider. Prices in LAKEWAY have fallen 4% over the last 6 months. A similar home at 411 Lakeway DR, Lakeway TX 78734 carries an adjusted comparable value of $475,692, providing a strong data point. With 6 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