3404 American DR # 2203, Lago Vista TX 78645

Based on 7 closed sales in ISLAND, the data points to a value around $289,432 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $284,000 to $295,000. This would position the home competitively among 3 active listings in ISLAND. Lot size matters here: 0.27 acres versus 0.23 for the typical comp. 3 similar homes are currently available in ISLAND, creating a buyer's market for this price range. Market data shows ISLAND prices fallen 38.3% over the last half year. The closest comparable sale, 3404 American DR # 3221, Lago Vista TX 78645 at an adjusted $354,204, 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