305 Summit RDG N, Lago Vista TX 78645

My analysis of 7 comparable properties puts this home's estimated value at $281,017. Based on how the local market is moving, a list price between $232,000 and $242,000 would position this home well. Relative to what's currently available in POINT VENTURE2, this home would be the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (361 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 2004 build date influences the valuation. Current inventory shows 7 comparable homes in POINT VENTURE2; a buyer's market based on recent absorption. The 6 month price trend in POINT VENTURE2: fallen 2.8%. The best comp here is 302 Southwind RD, Lago Vista TX 78645 at an adjusted value of $314,000, with a larger floor plan. With 7 comparable sales in POINT VENTURE2, 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