3404 American DR # 2116, Lago Vista TX 78645

The estimated value of this property is $238,767, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $265,000 and $280,000. Against 0 similar active listings in ISLAND, this price point lands at no active comparable homes on the market. This home's smaller footprint (638 sqft vs the comp average) plays a role in how the market prices it. The 0.10 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. Recent trends in ISLAND show home values have risen 1.4% since 6 months ago. The most comparable recent sale is 3404 American DR # 1201, Lago Vista TX 78645, with an adjusted value of $240,204; with a larger floor plan. Based on 7 relevant data points in ISLAND, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX