3404 American DR # 1214, Lago Vista TX 78645

After reviewing 7 recent transactions in ISLAND, I estimate this property's value at $245,645. A competitive list price for this home right now would fall in the $261,000 to $263,000 range. This would position the home competitively among 0 active listings in ISLAND. This home's smaller footprint (890 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.09 acres versus the area average of 0.27) contributes to the valuation. Prices in ISLAND have risen 28.8% over the last 6 months. A similar home at 3404 American DR # 3207, Lago Vista TX 78645 carries an adjusted comparable value of $165,625, providing a strong data point. The comp data here (7 sales in ISLAND) 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