20907 Nimitz Ave # 5, Lago Vista TX 78645

After reviewing 7 recent transactions in 78645, I estimate this property's value at $349,247. A competitive list price for this home right now would fall in the $224,000 to $234,000 range. This home's position in the current 78645 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 21 years older than typical comps, the 1984 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.27) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78645, listed between $209,900 and $730,000. Prices in 78645 have risen 0.1% over the last 6 months. A similar home at 3204 Burnside CIR, Lago Vista TX 78645 carries an adjusted comparable value of $341,447, providing a strong data point. With 7 comparable sales in 78645, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group