3404 American DR # 3306, Lago Vista TX 78645

Based on 7 closed sales in ISLAND, the data points to a value around $217,978 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $147,000 to $157,000. This home's position in the current ISLAND market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 168 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in ISLAND; a buyer's market based on recent absorption. Market data shows ISLAND prices fallen 9.9% over the last half year. The closest comparable sale, 3404 American DR # 2108, Lago Vista TX 78645 at an adjusted $125,000, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ISLAND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group