1101 Ivean Pearson RD # D203, Lago Vista TX 78645

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $375,263. Pricing this home between $408,000 and $412,000 would put it in the competitive sweet spot for WATERSTONE CONDO. This home's position in the current WATERSTONE CONDO market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 170 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.30 acres versus the area average of 0.24) contributes to the valuation. There are currently 3 similar homes on the market in WATERSTONE CONDO, ranging from $335,000 to $439,000. Market data shows 78645 prices fallen 7.3% over the last half year. The closest comparable sale, 1101 Ivean Pearson RD # A205, Lago Vista TX 78645 at an adjusted $436,924, is with a larger floor plan. With 7 comparable sales in WATERSTONE CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group