4206 Rockwood DR, Lago Vista TX 78645

The estimated value of this property is $328,576, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $380,000 and $387,000. With 7 comparable homes on the market in LAGO VISTA, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (182 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.34 acre average) is reflected in the estimate. 7 similar homes are currently available in LAGO VISTA, creating a buyer's market for this price range. Recent trends in LAGO VISTA show home values have fallen 12% since 6 months ago. The most comparable recent sale is 4033 Outpost TRCE, Lago Vista TX 78645, with an adjusted value of $312,063; with a larger floor plan. 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