3404 American DR # 1117, Lago Vista TX 78645

7 recent sales within a few blocks of this address suggest a current value of $219,374. My recommended list price range for this property would be $215,000 to $224,000. In the current ISLAND market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. At 255 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.17 acre lot (smaller than the 0.22 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in ISLAND; a buyer's market based on recent absorption. In ISLAND, home values have fallen approximately 37.9% over the past 6 months. One of the strongest data points is 3404 American DR # 2108, Lago Vista TX 78645, adjusting to $122,500; 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