3216 Poe CV # 2B, Lago Vista TX 78645

After reviewing 7 recent transactions in CARIBBEAN CONDOS, I estimate this property's value at $322,684. A competitive list price for this home right now would fall in the $167,000 to $177,000 range. Relative to what's currently available in CARIBBEAN CONDOS, this home would be the most expensive of 3 comparable homes on the market. At 12 years older than typical comps, the 1973 build date influences the valuation. The smaller lot (0.06 acres versus the area average of 0.58) contributes to the valuation. Current inventory shows 3 comparable homes in CARIBBEAN CONDOS; a buyer's market based on recent absorption. Prices in 78645 have fallen 6.5% over the last 6 months. A similar home at 3404 American DR # 1124, Lago Vista TX 78645 carries an adjusted comparable value of $259,877, providing a strong data point. The comp data here (7 sales in CARIBBEAN CONDOS) 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