3500 Lohmans Ford 9 RD, Lago Vista TX 78645

The estimated value of this property is $559,372, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $426,000 and $436,000. In the current LAGO VISTA market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (1,136 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1994, this home is 8 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in LAGO VISTA (a buyer's market), competition is a factor to consider. Recent trends in LAGO VISTA show home values have fallen 12% since 6 months ago. The most comparable recent sale is 20817 Fawn Ridge DR, Lago Vista TX 78645, with an adjusted value of $854,308; with a larger floor plan and a pool. Based on 7 relevant data points in LAGO VISTA, 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