939 Electra, Lakeway TX 78734

The market data from 3 similar recent sales in LAKEWAY points to a value of approximately $996,621. To sell within a reasonable timeframe at fair market value, the $733,000 to $743,000 range is where I'd position this. Among the similar homes currently available in LAKEWAY, this price point stands out as competitive. At 0.48 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in LAKEWAY, ranging from $660,000 to $899,000. In LAKEWAY, home values have fallen approximately 13.2% over the past 6 months. One of the strongest data points is 821 Malabar ST, Austin TX 78734, adjusting to $1,481,560; with a larger floor plan and a pool. The 3 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