Based on 3 closed sales in NORTHSHORE, the data points to a value around $2,005,157 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,965,000 to $2,045,000. This home's position in the current NORTHSHORE market: no active comparable homes on the market among comparable properties. The 1,704 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 2.25 acres versus 0.99 for the typical comp. The strength of this estimate comes from 3 directly comparable sales in NORTHSHORE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
