3404 American DR # 1219, Lago Vista TX 78645

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $297,265. I'd recommend coming to market at $242,000 to $252,000 to strike the right balance between value and market velocity. Against 3 similar active listings in ISLAND/LK CONDOS, this price point lands at the most expensive of 3 comparable homes on the market. The 0.28 acre lot (larger than the 0.24 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in ISLAND/LK CONDOS; a buyer's market based on recent absorption. The trend in 78645 shows prices have fallen 5.6% in the past 6 months. 3404 American DR # 1105, Lago Vista TX 78645 nearby adjusts to $330,545; with a pool. With 3 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