2705 Mac Arthur Ave, Lago Vista TX 78645

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $567,650. To generate strong buyer interest while maximizing value, I'd price this between $638,000 and $648,000. In the current HIGHLAND LAKE ESTATES market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (220 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.72 acres, the lot is larger than the 0.58 acre comp average, which factors into pricing. 3 similar homes are currently available in HIGHLAND LAKE ESTATES, creating a buyer's market for this price range. The trend in HIGHLAND LAKE ESTATES shows prices have fallen 1.8% in the past 6 months. 20301 Bell LN, Lago Vista TX 78645 nearby adjusts to $571,036; a strong comparable. 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