1100 Watercliffe DR, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $2,036,588. For a well positioned listing in WATERFORD, I'd target the $1,533,000 to $1,543,000 range. With 3 comparable homes on the market in WATERFORD, this price positions the property as the most expensive of 3 comparable homes on the market. The 379 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.18 acres, the lot is smaller than the 1.31 acre comp average, which factors into pricing. With 3 similar homes currently listed in WATERFORD (a buyer's market), competition is a factor to consider. Recent trends in 78645 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 1116 Watercliffe DR, Lago Vista TX 78645, with an adjusted value of $2,144,990; with a smaller floor plan. The 5 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