Reviewing the most recent comparable transactions, this home's market value falls around $500,026. For a well positioned listing in HIGHLAND LAKE ESTATES, I'd target the $490,000 to $510,000 range. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in HIGHLAND LAKE ESTATES. At 282 sqft larger than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 7 years older than the comp average, a factor in the pricing. Recent trends in HIGHLAND LAKE ESTATES show home values have fallen 10.5% since 6 months ago. The most comparable recent sale is 21202 Norris CV, Lago Vista TX 78645, with an adjusted value of $640,381; with a smaller floor plan. 3 comparable transactions in HIGHLAND LAKE ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
