3404 American DR # 1220, Lago Vista TX 78645

The comparable sales data (7 recent transactions in ISLAND) supports an estimated value of $249,996. The data suggests a list price between $262,000 and $285,000 would attract qualified buyers without leaving money on the table. Buyers shopping in ISLAND right now would see this as a well positioned option among 3 comparable homes. At 295 sqft smaller than the typical comp, the size difference factors into the valuation. A pool adds market appeal. Only 7 minus 6 of the comps had one. With 3 similar homes currently listed in ISLAND (a buyer's market), competition is a factor to consider. 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 $304,814, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus