16 Oaks PL, Lago Vista TX 78645

Based on 7 closed sales in 78645, the data points to a value around $264,829 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $205,000 to $215,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in 78645's current inventory. Lot size matters here: 0.04 acres versus 0.22 for the typical comp. With 3 similar homes currently listed in 78645 (a buyer's market), competition is a factor to consider. Market data shows 78645 prices risen 4.9% over the last half year. The closest comparable sale, 8 Oaks PL, Lago Vista TX 78645 at an adjusted $214,200, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus