Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $455,495. I'd recommend coming to market at $474,000 to $478,000 to strike the right balance between value and market velocity. Against 7 similar active listings in COUNTRY CLUB ESTATES, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in COUNTRY CLUB ESTATES; a balanced market based on recent absorption. The trend in COUNTRY CLUB ESTATES shows prices have fallen 2.6% in the past 6 months. 4203 Hillside DR, Lago Vista TX 78645 nearby adjusts to $382,230; with a smaller floor plan. With 4 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
