2802 Lohman Ford RD # A, Lago Vista TX 78645

The market data from 4 similar recent sales in 78645 points to a value of approximately $787,650. To sell within a reasonable timeframe at fair market value, the $417,000 to $427,000 range is where I'd position this. In the current 78645 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 0.88 acres, the lot is larger than the 0.71 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78645; a buyer's market based on recent absorption. In 78645, home values have fallen approximately 7.6% over the past 6 months. One of the strongest data points is 3500 Lohmans Ford RD # 60, Lago Vista TX 78645, adjusting to $793,029; with a smaller floor plan. The 4 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