923 PORPOISE ST, Lakeway TX 78734

After reviewing 3 recent transactions in LAKEWAY, I estimate this property's value at $1,295,811. A competitive list price for this home right now would fall in the $1,376,000 to $1,453,000 range. This home's position in the current LAKEWAY market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (343 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.39 acres versus the area average of 0.33) contributes to the valuation. Buyers in LAKEWAY have 7 comparable options right now, with asking prices between $1,150,000 and $2,550,000. Prices in LAKEWAY have fallen 8.4% over the last 6 months. A similar home at 126 Firebird ST, Lakeway TX 78734 carries an adjusted comparable value of $1,228,270, 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