21603 Cardinal Ave, Lago Vista TX 78645

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $809,060. To generate strong buyer interest while maximizing value, I'd price this between $403,000 and $413,000. Against 7 similar active listings in 78645, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. At 1.56 acres, the lot is larger than the 0.66 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78645 (a buyer's market), competition is a factor to consider. The trend in 78645 shows prices have fallen 5.6% in the past 6 months. 20501 Houston CV, Lago Vista TX 78645 nearby adjusts to $752,813; with a smaller floor plan. 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