20801 Madison CV, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $364,986. For a well positioned listing in HIGHLAND LAKE ESTATES, I'd target the $450,000 to $454,000 range. Among the similar homes currently available in HIGHLAND LAKE ESTATES, this price point stands out as competitive. The 1977 construction puts this home 26 years older than the comp average, a factor in the pricing. At 0.43 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in HIGHLAND LAKE ESTATES; a buyer's market based on recent absorption. Recent trends in HIGHLAND LAKE ESTATES show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 3000 Drake CV, Lago Vista TX 78645, with an adjusted value of $388,222; a strong comparable. 7 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