20602 Hoover CV, Lago Vista TX 78645

My analysis of 4 comparable properties puts this home's estimated value at $407,345. Based on how the local market is moving, a list price between $444,000 and $551,000 would position this home well. Relative to what's currently available in HIGHLAND LAKES ESTATES, this home would be the 2nd most expensive of 3 comparable homes on the market. The larger lot (0.39 acres versus the area average of 0.35) contributes to the valuation. Current inventory shows 3 comparable homes in HIGHLAND LAKES ESTATES; a buyer's market based on recent absorption. The 6 month price trend in 78645: fallen 7.6%. The best comp here is 2808 Douglas CV, Lago Vista TX 78645 at an adjusted value of $363,835, with a larger floor plan. The comp data here (4 sales in HIGHLAND LAKES ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus