3216 Poe CV # 1F, Lago Vista TX 78645

The estimated value of this property is $241,042, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $147,000 and $157,000. In the current CARIBBEAN CONDOMINIUMS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (166 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1973, this home is 14 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in CARIBBEAN CONDOMINIUMS, listed between $165,000 and $375,000. Recent trends in 78645 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 3404 American DR # 3213, Lago Vista TX 78645, with an adjusted value of $243,554; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group