Taking into account 4 nearby comparable sales, this property's estimated value comes to $2,102,284. If we were to list this property today, I'd recommend a list price in the $445,000 to $455,000 range. This home's position in the current WATERFORD market: the most expensive of 6 comparable homes on the market among comparable properties. The 859 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2021 (8 years newer than comps) is factored into the value estimate. With 6 similar homes currently listed in WATERFORD (a buyer's market), competition is a factor to consider. The 6 month price trend in WATERFORD: fallen 4%. The best comp here is 4608 Boxwood CT, Lago Vista TX 78645 at an adjusted value of $2,311,139, with a smaller floor plan and a pool. The strength of this estimate comes from 4 directly comparable sales in WATERFORD. 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
