906 Biscayne, Lakeway TX 78734

The market data from 4 similar recent sales in LAKEWAY points to a value of approximately $678,038. To sell within a reasonable timeframe at fair market value, the $816,000 to $831,000 range is where I'd position this. In the current LAKEWAY market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 3 of 4 comparable sales didn't include one. The 1971 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in LAKEWAY, ranging from $549,900 to $879,000. In LAKEWAY, home values have fallen approximately 13.5% over the past 6 months. One of the strongest data points is 105 Palos Verdes DR, Lakeway TX 78734, adjusting to $845,797; with no pool. 4 comparable transactions in LAKEWAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group