1404 Watercliffe DR, Lago Vista TX 78645

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $2,139,841. Pricing this home between $805,000 and $815,000 would put it in the competitive sweet spot for 78645. Buyers shopping in 78645 right now would see this as a well positioned option among 5 comparable homes. The smaller floor plan (120 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (1.07 acres versus the area average of 1.29) contributes to the valuation. The active market in 78645 includes 5 comparable homes priced from $775,000 to $1,849,900. Market data shows 78645 prices fallen 2.9% over the last half year. The closest comparable sale, 1116 Watercliffe DR, Lago Vista TX 78645 at an adjusted $2,066,325, is a strong comparable. With 3 comparable sales in 78645, 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