2204 Truman DR, Lago Vista TX 78645

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $371,676. To generate strong buyer interest while maximizing value, I'd price this between $293,000 and $303,000. In the current LAGO VISTA market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 2018 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. With 7 similar homes currently listed in LAGO VISTA (a buyer's market), competition is a factor to consider. The trend in LAGO VISTA shows prices have risen 15.2% in the past 6 months. 21600 O'Henry Ave, Lago Vista TX 78645 nearby adjusts to $259,500; 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