4 recent sales within a mile of this address suggest a current value of $278,297. My recommended list price range for this property would be $317,000 to $323,000. Against 6 similar active listings in HIGHLAND LAKE ESTATES, this price point lands at the 2nd least expensive of 6 comparable homes on the market. The 196 sqft size difference versus comparable sales is reflected in the adjusted values. With 6 similar homes currently listed in HIGHLAND LAKE ESTATES (a buyer's market), competition is a factor to consider. In HIGHLAND LAKE ESTATES, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 2302 Patriot DR, Lago Vista TX 78645, adjusting to $276,308; with a larger floor plan. Based on 4 relevant data points in HIGHLAND LAKE ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
