After reviewing 7 recent transactions in LA ISLA ANGEL BAY, I estimate this property's value at $2,586,270. A competitive list price for this home right now would fall in the $2,164,000 to $2,174,000 range. This would position the home competitively among 1 active listings in LA ISLA ANGEL BAY. The 1,649 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (1.80 acres versus the area average of 4.11) contributes to the valuation. Right now, 1 similar properties are competing for buyers in LA ISLA ANGEL BAY, listed between $2,250,000 and $2,250,000. Prices in 78669 have fallen 13.7% over the last 6 months. A similar home at 19520 Tessa HTS, Spicewood TX 78669 carries an adjusted comparable value of $2,457,744, providing a strong data point. With 7 comparable sales in LA ISLA ANGEL BAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group