18916 KELLY DR, Lago Vista TX 78645

Based on 4 closed sales in 78645, the data points to a value around $453,009 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $621,000 to $767,000. This pricing would rank the home as the most affordable of 5 comparable homes on the market in 78645's current inventory. The 204 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.00 acres versus 0.22 for the typical comp. Current inventory shows 5 comparable homes in 78645; a buyer's market based on recent absorption. Market data shows 78645 prices fallen 5.9% over the last half year. The closest comparable sale, 18906 Venture DR, Point Venture TX 78645 at an adjusted $449,247, is with a smaller floor plan. The strength of this estimate comes from 4 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