Based on 4 closed sales in HIGHLAND LAKE ESTATES, the data points to a value around $342,439 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $378,000 to $395,000. This would position the home competitively among 5 active listings in HIGHLAND LAKE ESTATES. The 150 sqft size difference versus comparable sales is reflected in the adjusted values. With 5 similar homes currently listed in HIGHLAND LAKE ESTATES (a buyer's market), competition is a factor to consider. Market data shows HIGHLAND LAKE ESTATES prices fallen 2.2% over the last half year. The closest comparable sale, 3700 Allegiance Ave, Lago Vista TX 78645 at an adjusted $370,244, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in HIGHLAND LAKE ESTATES. 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
