3608 Parliament CV, Lago Vista TX 78645

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $674,855. I'd recommend coming to market at $753,000 to $779,000 to strike the right balance between value and market velocity. Against 7 similar active listings in HIGHLAND LAKE ESTATES, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 285 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1.09 acre lot (larger than the 0.63 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in HIGHLAND LAKE ESTATES; a buyer's market based on recent absorption. The trend in HIGHLAND LAKE ESTATES shows prices have fallen 2.2% in the past 6 months. 3004 Davenport CV, Lago Vista TX 78645 nearby adjusts to $647,989; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group