4007 Rockwood DR, Lago Vista TX 78645

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $373,010. I'd recommend coming to market at $420,000 to $424,000 to strike the right balance between value and market velocity. Against 7 similar active listings in LAGO VISTA, this price point lands at the most affordable of 7 comparable homes on the market. Being 200 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.25 acre lot (smaller than the 0.28 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in LAGO VISTA, listed between $369,500 and $505,000. The trend in LAGO VISTA shows prices have fallen 12% in the past 6 months. 4033 Outpost TRCE, Lago Vista TX 78645 nearby adjusts to $364,089; a strong comparable. Based on 5 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