20704 Park DR, Lago Vista TX 78645

After reviewing 7 recent transactions in LAGO VISTA, I estimate this property's value at $409,071. A competitive list price for this home right now would fall in the $182,000 to $192,000 range. This home's position in the current LAGO VISTA market: the most expensive of 7 comparable homes on the market among comparable properties. At 19 years older than typical comps, the 1978 build date influences the valuation. The larger lot (0.90 acres versus the area average of 0.62) contributes to the valuation. The active market in LAGO VISTA includes 7 comparable homes priced from $183,000 to $409,000. Prices in LAGO VISTA have fallen 12% over the last 6 months. A similar home at 6404 Lakeshore DR, Lago Vista TX 78645 carries an adjusted comparable value of $835,442, providing a strong data point. The comp data here (7 sales in LAGO VISTA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus