925 Electra, Lakeway TX 78734

The estimated value of this property is $1,308,956, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,049,000 and $1,059,000. In the current LAKEWAY market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Current inventory shows 3 comparable homes in LAKEWAY; a buyer's market based on recent absorption. Recent trends in LAKEWAY show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 704 Bermuda ST, Lakeway TX 78734, with an adjusted value of $1,372,133; 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