20706 Deede DR, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $383,400. For a well positioned listing in LAGO VISTA, I'd target the $181,000 to $191,000 range. With 7 comparable homes on the market in LAGO VISTA, this price positions the property as the most expensive of 7 comparable homes on the market. At 127 sqft larger than the typical comp, the size difference factors into the valuation. The 1965 construction puts this home 26 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in LAGO VISTA; a buyer's market based on recent absorption. Recent trends in LAGO VISTA show home values have risen 1.3% since 6 months ago. The most comparable recent sale is 6404 Lakeshore DR, Lago Vista TX 78645, with an adjusted value of $733,619; with a smaller floor plan. 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