3404 American DR # 3109, Lago Vista TX 78645

Taking into account 7 nearby comparable sales, this property's estimated value comes to $270,436. If we were to list this property today, I'd recommend a list price in the $219,000 to $229,000 range. Relative to what's currently available in ISLAND, this home would be the most expensive of 3 comparable homes on the market. This home's smaller footprint (388 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.17 acres versus 0.25 for the typical comp. 3 similar homes are currently available in ISLAND, creating a buyer's market for this price range. The 6 month price trend in ISLAND: risen 24.4%. The best comp here is 3404 American DR # 3315, Lago Vista TX 78645 at an adjusted value of $306,389, with a larger floor plan. 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