3404 American DR # 3104, Lago Vista TX 78645

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $308,846. To generate strong buyer interest while maximizing value, I'd price this between $252,000 and $262,000. In the current ISLAND/LK CONDOS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.28 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in ISLAND/LK CONDOS, ranging from $265,500 to $319,000. The trend in 78645 shows prices have fallen 6.5% in the past 6 months. 3404 American DR # 1105, Lago Vista TX 78645 nearby adjusts to $344,503; with a pool. 3 comparable transactions in ISLAND/LK CONDOS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group