21308 Paseo De Vaca, Lago Vista TX 78645

The market data from 7 similar recent sales in LAGO VISTA ESTATES points to a value of approximately $335,523. To sell within a reasonable timeframe at fair market value, the $170,000 to $180,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in LAGO VISTA ESTATES. The smaller floor plan (371 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.26 acres, the lot is smaller than the 0.56 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in LAGO VISTA ESTATES; a seller's market based on recent absorption. In LAGO VISTA ESTATES, home values have fallen approximately 24.5% over the past 6 months. One of the strongest data points is 21518 Horseshoe LOOP, Lago Vista TX 78645, adjusting to $282,275; 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