The comparable sales data (7 recent transactions in HIGHLAND LAKE ESTATES) supports an estimated value of $392,606. The data suggests a list price between $442,000 and $445,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in HIGHLAND LAKE ESTATES, this home would be the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (170 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 7 similar properties are competing for buyers in HIGHLAND LAKE ESTATES, listed between $399,000 and $505,000. Prices in HIGHLAND LAKE ESTATES have risen 2.6% over the last 6 months. A similar home at 21216 Santa Rosa Ave, Lago Vista TX 78645 carries an adjusted comparable value of $379,840, providing a strong data point. The strength of this estimate comes from 7 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
