The comparable sales data (3 recent transactions in HIGHLAND LAKE ESTATES) supports an estimated value of $425,498. The data suggests a list price between $347,000 and $357,000 would attract qualified buyers without leaving money on the table. This home's position in the current HIGHLAND LAKE ESTATES market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (111 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.34 acres versus 0.29 for the typical comp. The active market in HIGHLAND LAKE ESTATES includes 7 comparable homes priced from $349,900 to $515,000. Prices in HIGHLAND LAKE ESTATES have risen 4.5% over the last 6 months. A similar home at 20000 Columbus LN, Lago Vista TX 78645 carries an adjusted comparable value of $414,374, providing a strong data point. The strength of this estimate comes from 3 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
