Based on what similar homes have actually sold for within a mile, I'd place this property's value at $563,819. I'd recommend coming to market at $574,000 to $690,000 to strike the right balance between value and market velocity. In the current HIGHLAND CREEK LAKES market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. This home's larger footprint (709 sqft vs the comp average) plays a role in how the market prices it. Built in 2015, this home is 7 years newer than the average comp, which is reflected in the adjustments. With 7 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
