20735 Henry Ave, Lago Vista TX 78645

The estimated value of this property is $663,320, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $624,000 and $665,000. With 4 comparable homes on the market in HIGHLAND LAKE ESTATES, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 263 sqft larger than the typical comp, the size difference factors into the valuation. The 0.27 acre lot (smaller than the 0.68 acre average) is reflected in the estimate. 4 similar homes are currently available in HIGHLAND LAKE ESTATES, creating a buyer's market for this price range. Recent trends in HIGHLAND LAKE ESTATES show home values have fallen 0.2% since 6 months ago. The most comparable recent sale is 2813 Declaration CIR, Lago Vista TX 78645, with an adjusted value of $620,645; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group