912 Electra, Lakeway TX 78734

The estimated value of this property is $772,119, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $611,000 and $621,000. Against 7 similar active listings in LAKEWAY, this price point lands at the most expensive of 7 comparable homes on the market. At 105 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2000, this home is 6 years newer than the average comp, which is reflected in the adjustments. The active market in LAKEWAY includes 7 comparable homes priced from $635,000 to $850,000. Recent trends in LAKEWAY show home values have fallen 13.5% since 6 months ago. The most comparable recent sale is 212 Palos Verdes DR, Lakeway TX 78734, with an adjusted value of $759,592; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group