3404 American DR # 1111, Lago Vista TX 78645

The comparable sales data (3 recent transactions in ISLAND) supports an estimated value of $300,431. The data suggests a list price between $240,000 and $250,000 would attract qualified buyers without leaving money on the table. This home's position in the current ISLAND market: the most expensive of 4 comparable homes on the market among comparable properties. Being 176 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in ISLAND; a buyer's market based on recent absorption. Prices in ISLAND have risen 28.8% over the last 6 months. A similar home at 3404 American DR # 1105, Lago Vista TX 78645 carries an adjusted comparable value of $332,198, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in ISLAND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group