Based on 7 closed sales in HIGHLAND LAKE ESTATES, the data points to a value around $568,977 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $705,000 to $772,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in HIGHLAND LAKE ESTATES's current inventory. The 746 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 5.2% over the last half year. The closest comparable sale, 3405 Congress Ave, Lago Vista TX 78645 at an adjusted $331,500, is with a smaller floor plan. 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
