After reviewing 3 recent transactions in LAKEWAY, I estimate this property's value at $1,027,356. A competitive list price for this home right now would fall in the $1,033,000 to $1,037,000 range. This would position the home competitively among 3 active listings in LAKEWAY. The larger floor plan (180 sqft compared to the average comp) is a meaningful differentiator in this price range. At 10 years newer than typical comps, the 2019 build date influences the valuation. Buyers in LAKEWAY have 3 comparable options right now, with asking prices between $935,000 and $1,795,000. Prices in LAKEWAY have risen 8.9% over the last 6 months. A similar home at 125 Clubhouse DR, Lakeway TX 78734 carries an adjusted comparable value of $1,032,913, providing a strong data point. With 3 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