20649 Highland Lake LOOP, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $374,893. For a well positioned listing in COVE LAGO VISTA, I'd target the $432,000 to $459,000 range. Against 7 similar active listings in COVE LAGO VISTA, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 111 sqft larger than the typical comp, the size difference factors into the valuation. The 1984 construction puts this home 6 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in COVE LAGO VISTA (a buyer's market), competition is a factor to consider. Recent trends in 78645 show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 3000 Drake CV, Lago Vista TX 78645, with an adjusted value of $364,583; a strong comparable. 3 comparable transactions in COVE 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