27 Oaks PL, Lago Vista TX 78645

After reviewing 7 recent transactions in 78645, I estimate this property's value at $285,118. A competitive list price for this home right now would fall in the $180,000 to $190,000 range. This home's position in the current 78645 market: the 0th most expensive of 3 comparable homes on the market among comparable properties. At 11 years older than typical comps, the 1983 build date influences the valuation. The smaller lot (0.04 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 3 comparable homes in 78645; a buyer's market based on recent absorption. Prices in 78645 have fallen 5.3% over the last 6 months. A similar home at 8 Oaks PL, Lago Vista TX 78645 carries an adjusted comparable value of $238,275, providing a strong data point. The comp data here (7 sales in 78645) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus