925 Biscayne, Lakeway TX 78734

Based on 7 closed sales in LAKEWAY, the data points to a value around $608,436 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $661,000 to $695,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in LAKEWAY's current inventory. Being built in 1978 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.31 acres versus 0.35 for the typical comp. Current inventory shows 3 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Market data shows LAKEWAY prices fallen 3.3% over the last half year. The closest comparable sale, 120 Royal Oak LN, Lakeway TX 78734 at an adjusted $600,670, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus