3404 Parliament CV, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $457,021. For a well positioned listing in HIGHLAND LAKE ESTATES, I'd target the $514,000 to $680,000 range. With 7 comparable homes on the market in HIGHLAND LAKE ESTATES, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 124 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.76 acres, the lot is larger than the 0.59 acre comp average, which factors into pricing. 7 similar homes are currently available in HIGHLAND LAKE ESTATES, creating a buyer's market for this price range. Recent trends in HIGHLAND LAKE ESTATES show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 20301 Bell LN, Lago Vista TX 78645, with an adjusted value of $514,028; with a larger floor plan. The 3 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