3404 American DR # 3116, Lago Vista TX 78645

Based on 7 closed sales in ISLAND, the data points to a value around $253,238 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $268,000 to $270,000. This home's position in the current ISLAND market: no active comparable homes on the market among comparable properties. The smaller floor plan (890 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.09 acres versus 0.27 for the typical comp. Market data shows ISLAND prices risen 28.8% over the last half year. The closest comparable sale, 3404 American DR # 3315, Lago Vista TX 78645 at an adjusted $270,073, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus