3404 American DR # 3105, Lago Vista TX 78645

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $214,721. I'd recommend coming to market at $210,000 to $219,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in ISLAND. At 550 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.11 acre lot (smaller than the 0.22 acre average) is reflected in the estimate. There are currently 1 similar homes on the market in ISLAND, ranging from $240,000 to $240,000. The trend in ISLAND shows prices have fallen 37.9% in the past 6 months. 3404 American DR # 1201, Lago Vista TX 78645 nearby adjusts to $247,474; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group