This is a very telling comparison because this sold listing is a brand-new, custom-built home that sold for the exact same price per square foot as 254 Sequoia Drive. While the home for sale is charming and sits on a larger lot, it is a 26-year-old modular home. In contrast, the home on 235 Sequoia Drive offers a 2025 build date, granite countertops, and a modern open-concept layout for that same $172 per square foot. Usually, an older modular home should offer a significant discount compared to a brand-new custom stick-built home on the same street.

This home on 106 Nations Cove offers a great look at what a slightly newer, larger stick-built home in Lake Royale brings to the market. Built in 2016, it features a side-entry garage and a screened-in porch, which are valuable additions compared to the carport at 254 Sequoia Drive. While the home for sale has a larger nearly one-acre lot, this sold listing’s higher price reflects its additional square footage and more modern construction style. The cost per square foot is very comparable, showing that the market values these two properties in a similar bracket once you account for the size difference.

Comparing 254 Sequoia Drive to this sold listing highlights the difference between a well-kept established home and brand-new construction. This property on 242 Sequoia Drive recently sold as a 2024 build featuring high-end quartz countertops, luxury vinyl flooring, and a spa-inspired primary suite. While the home for sale offers a much larger lot and a peaceful corner setting, it is a 1998 modular build that naturally commands a lower price point than a modern stick-built home. The price gap between the two makes sense given the age and the premium finishes found in this newer property.