Based on 3 closed sales in PALEFACE LAKE COUNTRY ESTATES, the data points to a value around $1,129,408 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,107,000 to $1,152,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in PALEFACE LAKE COUNTRY ESTATES's current inventory. Being 185 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2007 (5 years newer than comps) is factored into the value estimate. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus