3404 American DR # 1320, Lago Vista TX 78645

The comparable sales data (7 recent transactions in ISLAND) supports an estimated value of $251,404. The data suggests a list price between $265,000 and $272,000 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. This home's smaller footprint (316 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.17 acres versus 0.24 for the typical comp. Right now, 3 similar properties are competing for buyers in ISLAND, listed between $220,000 and $259,900. Prices in ISLAND have risen 24% over the last 6 months. A similar home at 3404 American DR # 3315, Lago Vista TX 78645 carries an adjusted comparable value of $306,389, providing a strong data point. The strength of this estimate comes from 7 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