5404 Arrowhead, Lago Vista TX 78645

The market data from 5 similar recent sales in LAGO VISTA COUNTRY CLUB ESTATES points to a value of approximately $476,990. To sell within a reasonable timeframe at fair market value, the $463,000 to $491,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in LAGO VISTA COUNTRY CLUB ESTATES. At 110 sqft larger than the typical comp, the size difference factors into the valuation. At 0.26 acres, the lot is smaller than the 0.29 acre comp average, which factors into pricing. 3 similar homes are currently available in LAGO VISTA COUNTRY CLUB ESTATES, creating a buyer's market for this price range. In 78645, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 20912 High DR, Lago Vista TX 78645, adjusting to $463,420; with a smaller floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group