3404 American DR # 1307, Lago Vista TX 78645

The estimated value of this property is $376,026, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $369,000 and $384,000. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in ISLAND. This home's larger footprint (488 sqft vs the comp average) plays a role in how the market prices it. The 0.36 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Buyers in ISLAND have 5 comparable options right now, with asking prices between $170,000 and $429,000. Recent trends in ISLAND show home values have fallen 45.2% since 6 months ago. The most comparable recent sale is 3404 American DR # 3120, Lago Vista TX 78645, with an adjusted value of $522,884; a strong comparable. 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