110 Island Lodges DR, Buchanan Dam TX 78609

Reviewing the most recent comparable transactions, this home's market value falls around $403,222. For a well positioned listing in ISLAND LODGES, I'd target the $233,000 to $243,000 range. In the current ISLAND LODGES market with 1 similar homes available, this price represents below the only comparable home currently on the market. The smaller floor plan (291 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1969 construction puts this home 18 years older than the comp average, a factor in the pricing. Right now, 1 similar properties are competing for buyers in ISLAND LODGES, listed between $239,000 and $239,000. Recent trends in 78609 show home values have risen 51.5% since 6 months ago. The most comparable recent sale is 378 Long Mountain DR, Burnet TX 78611, with an adjusted value of $993,514; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group