2807 Norton Ave, Lago Vista TX 78645

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $253,806. To generate strong buyer interest while maximizing value, I'd price this between $160,000 and $170,000. With 4 comparable homes on the market in HIGHLAND LAKE ESTATES, this price positions the property as the most expensive of 4 comparable homes on the market. This home's smaller footprint (553 sqft vs the comp average) plays a role in how the market prices it. The 1979 construction puts this home 13 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in HIGHLAND LAKE ESTATES (a buyer's market), competition is a factor to consider. The trend in HIGHLAND LAKE ESTATES shows prices have fallen 2.6% in the past 6 months. 3111 Patriot DR, Lago Vista TX 78645 nearby adjusts to $260,090; with a larger floor plan. 7 comparable transactions in HIGHLAND LAKE ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group