20800 South Ridge ST, Lago Vista TX 78645

The market data from 7 similar recent sales in 78645 points to a value of approximately $668,063. To sell within a reasonable timeframe at fair market value, the $420,000 to $430,000 range is where I'd position this. Among the similar homes currently available in 78645, this price point stands out as competitive. Being 156 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1983 construction puts this home 15 years older than the comp average, a factor in the pricing. The active market in 78645 includes 3 comparable homes priced from $380,000 to $600,000. In 78645, home values have fallen approximately 5.5% over the past 6 months. One of the strongest data points is 2813 Declaration CIR, Lago Vista TX 78645, adjusting to $625,521; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group