913 Challenger, Lakeway TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $786,174. For a well positioned listing in LAKEWAY & FIRST, I'd target the $622,000 to $632,000 range. Against 7 similar active listings in LAKEWAY & FIRST, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (180 sqft vs the comp average) plays a role in how the market prices it. At 0.40 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in LAKEWAY & FIRST, ranging from $630,000 to $895,000. Recent trends in 78734 show home values have fallen 3.6% since 6 months ago. The most comparable recent sale is 102 Hurst Creek RD, Lakeway TX 78734, with an adjusted value of $836,863; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group