3404 American DR # 1311, Lago Vista TX 78645

After reviewing 4 recent transactions in ISLAND, I estimate this property's value at $388,837. A competitive list price for this home right now would fall in the $322,000 to $332,000 range. Relative to what's currently available in ISLAND, this home would be the most expensive of 3 comparable homes on the market. At 5 years older than typical comps, the 1987 build date influences the valuation. 3 similar homes are currently available in ISLAND, creating a buyer's market for this price range. Prices in ISLAND have fallen 9.9% over the last 6 months. A similar home at 3404 American DR # 3120, Lago Vista TX 78645 carries an adjusted comparable value of $515,563, providing a strong data point. The comp data here (4 sales in ISLAND) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus