After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $1,253,231. Pricing this home between $1,228,000 and $1,278,000 would put it in the competitive sweet spot for HIGHLAND LAKE ESTATES. Relative to what's currently available in HIGHLAND LAKE ESTATES, this home would be no active comparable homes on the market. The 636 sqft size difference versus comparable sales is reflected in the adjusted values. At 6 years newer than typical comps, the 2019 build date influences the valuation. Market data shows HIGHLAND LAKE ESTATES prices fallen 2.6% over the last half year. The closest comparable sale, 21604 Bluejay BLVD, Lago Vista TX 78645 at an adjusted $354,020, is with a smaller floor plan. The comp data here (3 sales in HIGHLAND LAKE ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus