20806 Madison CV, Lago Vista TX 78645

Taking into account 4 nearby comparable sales, this property's estimated value comes to $488,159. If we were to list this property today, I'd recommend a list price in the $561,000 to $656,000 range. This would position the home competitively among 3 active listings in HIGHLAND LAKE ESTATES. At 110 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.28 acres versus 0.24 for the typical comp. With 3 similar homes currently listed in HIGHLAND LAKE ESTATES (a buyer's market), competition is a factor to consider. The 6 month price trend in HIGHLAND LAKE ESTATES: fallen 6.2%. The best comp here is 20403 Highland Lake DR, Lago Vista TX 78645 at an adjusted value of $449,174, with a smaller floor plan and a pool. The strength of this estimate comes from 4 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