3404 American DR # 3310, Lago Vista TX 78645

The market data from 7 similar recent sales in ISLAND points to a value of approximately $229,076. To sell within a reasonable timeframe at fair market value, the $247,000 to $272,000 range is where I'd position this. Against 3 similar active listings in ISLAND, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (295 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 3 similar homes on the market in ISLAND, ranging from $220,000 to $259,900. In ISLAND, home values have risen approximately 24.4% over the past 6 months. One of the strongest data points is 3404 American DR # 2302, Lago Vista TX 78645, adjusting to $246,516; with a larger floor plan. 7 comparable transactions in ISLAND 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