3708 Parliament, Lago Vista TX 78645

Based on 7 closed sales in HIGHLAND LAKE ESTATES, the data points to a value around $685,287 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $545,000 to $555,000. Relative to what's currently available in HIGHLAND LAKE ESTATES, this home would be the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (531 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.23 acres versus 0.67 for the typical comp. Right now, 7 similar properties are competing for buyers in HIGHLAND LAKE ESTATES, listed between $589,500 and $860,000. Market data shows HIGHLAND LAKE ESTATES prices fallen 2.6% over the last half year. The closest comparable sale, 2813 Declaration CIR, Lago Vista TX 78645 at an adjusted $631,819, is a strong comparable. 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