9 Tourney LN, Lakeway TX 78738

My analysis of 3 comparable properties puts this home's estimated value at $437,673. Based on how the local market is moving, a list price between $566,000 and $588,000 would position this home well. Buyers shopping in ACADEMY PLACE right now would see this as a well positioned option among 7 comparable homes. At 6 years newer than typical comps, the 1993 build date influences the valuation. The smaller lot (0.10 acres versus the area average of 0.14) contributes to the valuation. There are currently 7 similar homes on the market in ACADEMY PLACE, ranging from $495,000 to $779,900. The 6 month price trend in 78738: fallen 1%. The best comp here is 16 TROON DR, Lakeway TX 78738 at an adjusted value of $427,875, a strong comparable. With 3 comparable sales in ACADEMY PLACE, 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