2802 American DR, Lago Vista TX 78645

After reviewing 5 recent transactions in HIGHLAND LAKE ESTATES, I estimate this property's value at $357,037. A competitive list price for this home right now would fall in the $304,000 to $314,000 range. This home's position in the current HIGHLAND LAKE ESTATES market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years newer than typical comps, the 2004 build date influences the valuation. The active market in HIGHLAND LAKE ESTATES includes 7 comparable homes priced from $299,900 to $365,000. Prices in HIGHLAND LAKE ESTATES have fallen 4.9% over the last 6 months. A similar home at 2601 Warren CV, Lago Vista TX 78645 carries an adjusted comparable value of $318,328, providing a strong data point. With 5 comparable sales in HIGHLAND LAKE ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group