21561 Lakefront DR, Lago Vista TX 78645

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,041,428. Pricing this home between $609,000 and $619,000 would put it in the competitive sweet spot for 78645. This would position the home competitively among 4 active listings in 78645. The smaller lot (0.72 acres versus the area average of 1.40) contributes to the valuation. With 4 similar homes currently listed in 78645 (a buyer's market), competition is a factor to consider. Market data shows 78645 prices fallen 6.5% over the last half year. The closest comparable sale, 1417 Osprey Ridge LOOP, Lago Vista TX 78645 at an adjusted $2,148,714, is with a larger floor plan. 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