3404 American DR # 2213, Lago Vista TX 78645

My analysis of 7 comparable properties puts this home's estimated value at $255,607. Based on how the local market is moving, a list price between $248,000 and $263,000 would position this home well. This home's position in the current ISLAND market: below the only comparable home currently on the market among comparable properties. The 769 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.11 acres versus the area average of 0.27) contributes to the valuation. 1 similar homes are currently available in ISLAND, creating a buyer's market for this price range. The 6 month price trend in ISLAND: risen 28.8%. The best comp here is 3404 American DR # 3315, Lago Vista TX 78645 at an adjusted value of $273,255, with a larger floor plan. 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