21001 Nantucket CV, Lago Vista TX 78645

After reviewing 3 recent transactions in LAGO VISTA, I estimate this property's value at $356,659. A competitive list price for this home right now would fall in the $442,000 to $447,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in LAGO VISTA's current inventory. At 209 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.31 acres versus the area average of 0.24) contributes to the valuation. Current inventory shows 7 comparable homes in LAGO VISTA; a buyer's market based on recent absorption. Prices in LAGO VISTA have fallen 12% over the last 6 months. A similar home at 4033 Outpost TRCE, Lago Vista TX 78645 carries an adjusted comparable value of $356,461, providing a strong data point. With 3 comparable sales in LAGO VISTA, 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