1925 American DR # 13, Lago Vista TX 78645

After reviewing 7 recent transactions in HIGHLAND LAKE VILLAS, I estimate this property's value at $161,247. A competitive list price for this home right now would fall in the $203,000 to $204,000 range. Relative to what's currently available in HIGHLAND LAKE VILLAS, this home would be the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (238 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.02 acres versus the area average of 0.09) contributes to the valuation. 7 similar homes are currently available in HIGHLAND LAKE VILLAS, creating a buyer's market for this price range. Prices in 78645 have fallen 1.2% over the last 6 months. A similar home at 3404 American DR # 1201, Lago Vista TX 78645 carries an adjusted comparable value of $256,389, providing a strong data point. With 7 comparable sales in HIGHLAND LAKE VILLAS, 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