21114 Ridgeview RD, Lago Vista TX 78645

Based on 7 closed sales in LAGO VISTA ESTATES, the data points to a value around $326,196 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $320,000 to $333,000. This home's position in the current LAGO VISTA ESTATES market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being built in 1997 (9 years older than comps) is factored into the value estimate. Lot size matters here: 0.26 acres versus 0.48 for the typical comp. With 7 similar homes currently listed in LAGO VISTA ESTATES (a balanced market), competition is a factor to consider. Market data shows LAGO VISTA ESTATES prices fallen 30.2% over the last half year. The closest comparable sale, 7416 Spanish Oak DR, Lago Vista TX 78645 at an adjusted $303,459, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LAGO VISTA ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group