Based on 6 closed sales in HIGHLAND LAKE ESTATES, the data points to a value around $657,098 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $772,000 to $776,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in HIGHLAND LAKE ESTATES's current inventory. The 792 sqft size difference versus comparable sales is reflected in the adjusted values. 3 similar homes are currently available in HIGHLAND LAKE ESTATES, creating a buyer's market for this price range. Market data shows HIGHLAND LAKE ESTATES prices risen 0% over the last half year. The closest comparable sale, 3202 Hamilton Ave, Lago Vista TX 78645 at an adjusted $562,445, is with a smaller floor plan. The strength of this estimate comes from 6 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
