Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $504,456. To generate strong buyer interest while maximizing value, I'd price this between $611,000 and $653,000. Against 7 similar active listings in COUNTRY CLUB ESTATES, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 375 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2015 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in COUNTRY CLUB ESTATES; a buyer's market based on recent absorption. The trend in COUNTRY CLUB ESTATES shows prices have fallen 1.2% in the past 6 months. 20914 High DR, Lago Vista TX 78645 nearby adjusts to $610,945; with a larger floor plan and a pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
