3404 American DR # 3110, Lago Vista TX 78645

Based on 7 closed sales in ISLAND, the data points to a value around $197,777 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $147,000 to $157,000. This would position the home competitively among 7 active listings in ISLAND. The 142 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in ISLAND; a buyer's market based on recent absorption. Market data shows ISLAND prices fallen 9.9% over the last half year. The closest comparable sale, 3404 American DR # 2108, Lago Vista TX 78645 at an adjusted $125,000, is a strong comparable. 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