20300 Dawn DR, Lago Vista TX 78645

The market data from 7 similar recent sales in LAGO VISTA points to a value of approximately $376,710. To sell within a reasonable timeframe at fair market value, the $69,000 to $79,000 range is where I'd position this. Against 7 similar active listings in LAGO VISTA, this price point lands at the most expensive of 7 comparable homes on the market. The 1965 construction puts this home 32 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is smaller than the 0.62 acre comp average, which factors into pricing. The active market in LAGO VISTA includes 7 comparable homes priced from $69,900 to $345,000. In LAGO VISTA, home values have fallen approximately 8.8% over the past 6 months. One of the strongest data points is 6404 Lakeshore DR, Lago Vista TX 78645, adjusting to $727,797; a strong comparable. 7 comparable transactions in LAGO VISTA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group