21401 Lakefront DR, Lago Vista TX 78645

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $534,084. I'd recommend coming to market at $430,000 to $440,000 to strike the right balance between value and market velocity. In the current COUNTRY CLUB ESTATES market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (660 sqft vs the comp average) plays a role in how the market prices it. Built in 1970, this home is 24 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in COUNTRY CLUB ESTATES; a buyer's market based on recent absorption. The trend in COUNTRY CLUB ESTATES shows prices have fallen 4.5% in the past 6 months. 4113 Rimrock DR, Lago Vista TX 78645 nearby adjusts to $494,933; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group