3404 American DR # 3319, Lago Vista TX 78645

Based on 7 closed sales in ISLAND/LK CONDOS, the data points to a value around $409,622 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $401,000 to $418,000. This would position the home competitively among 6 active listings in ISLAND/LK CONDOS. The 242 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1987 (8 years older than comps) is factored into the value estimate. There are currently 6 similar homes on the market in ISLAND/LK CONDOS, ranging from $170,000 to $535,000. Market data shows 78645 prices fallen 4.1% over the last half year. The closest comparable sale, 3404 American DR # 3120, Lago Vista TX 78645 at an adjusted $531,019, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ISLAND/LK CONDOS. 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