0 CHERRY LN, Lago Vista TX 78645

Taking into account 7 nearby comparable sales, this property's estimated value comes to $213,667. If we were to list this property today, I'd recommend a list price in the $223,000 to $251,000 range. This pricing would rank the home as the 2nd most expensive of 5 comparable homes on the market in 78645's current inventory. Being built in 1948 (43 years older than comps) is factored into the value estimate. Lot size matters here: 0.91 acres versus 0.40 for the typical comp. Current inventory shows 5 comparable homes in 78645; a buyer's market based on recent absorption. The 6 month price trend in 78645: risen 3.5%. The best comp here is 3813 RED BIRD TRL, Lago Vista TX 78645 at an adjusted value of $251,164, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78645. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group