The comparable sales data (3 recent transactions in WATERFORD) supports an estimated value of $1,610,659. The data suggests a list price between $1,845,000 and $2,101,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in WATERFORD's current inventory. The 430 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2010 (8 years newer than comps) is factored into the value estimate. Buyers in WATERFORD have 3 comparable options right now, with asking prices between $1,699,000 and $2,550,000. Prices in WATERFORD have fallen 17.3% over the last 6 months. A similar home at 1116 Watercliffe DR, Lago Vista TX 78645 carries an adjusted comparable value of $2,100,903, providing a strong data point. This estimate draws on 3 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