403 Lago Verde RD, Austin TX 78734

The estimated value of this property is $1,315,881, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,088,000 and $1,098,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in RIO VISTA. The 454 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.71 acre lot (smaller than the 1.21 acre average) is reflected in the estimate. With 7 similar homes currently listed in RIO VISTA (a buyer's market), competition is a factor to consider. Recent trends in 78734 show home values have risen 7.8% since 6 months ago. The most comparable recent sale is 4424 Lago Viento, Austin TX 78734, with an adjusted value of $1,103,547; with a smaller floor plan. Based on 7 relevant data points in RIO VISTA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX