3717 LAKEVIEW DR, Cottonwood Shores TX 78657

Based on 7 closed sales in HIGHLAND LAKES ACRES, the data points to a value around $1,082,955 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $733,000 to $743,000. This pricing would rank the home as the 2nd most expensive of 5 comparable homes on the market in HIGHLAND LAKES ACRES's current inventory. This home's larger footprint (172 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 7 minus 6 of the comps had one. With 5 similar homes currently listed in HIGHLAND LAKES ACRES (a buyer's market), competition is a factor to consider. Market data shows 78657 prices fallen 29.1% over the last half year. The closest comparable sale, 1203 Arbor LN, Marble Falls TX 78654 at an adjusted $518,920, 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