Reviewing the most recent comparable transactions, this home's market value falls around $518,065. For a well positioned listing in HIGHLAND LAKE ESTATES, I'd target the $508,000 to $528,000 range. With 0 comparable homes on the market in HIGHLAND LAKE ESTATES, this price positions the property as no active comparable homes on the market. At 224 sqft larger than the typical comp, the size difference factors into the valuation. Recent trends in HIGHLAND LAKE ESTATES show home values have fallen 10.5% since 6 months ago. The most comparable recent sale is 21202 Norris CV, Lago Vista TX 78645, with an adjusted value of $657,576; a strong comparable. 3 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
