3 recent sales in the surrounding area of this address suggest a current value of $321,759. My recommended list price range for this property would be $361,000 to $364,000. With 4 comparable homes on the market in LAGO VISTA COUNTRY CLUB ESTATE, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (187 sqft vs the comp average) plays a role in how the market prices it. The 0.21 acre lot (smaller than the 0.28 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in LAGO VISTA COUNTRY CLUB ESTATE, ranging from $305,000 to $399,999. In LAGO VISTA COUNTRY CLUB ESTATE, home values have fallen approximately 16.6% over the past 6 months. One of the strongest data points is 20602 Falcon, Lago Vista TX 78645, adjusting to $301,615; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
