5700 Thunderbird ST, Lago Vista TX 78645

The market data from 3 similar recent sales in LAGO VISTA points to a value of approximately $299,275. To sell within a reasonable timeframe at fair market value, the $327,000 to $345,000 range is where I'd position this. Against 6 similar active listings in LAGO VISTA, this price point lands at the 2nd least expensive of 6 comparable homes on the market. This home's larger footprint (141 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. 6 similar homes are currently available in LAGO VISTA, creating a buyer's market for this price range. In LAGO VISTA, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 6115 Cimmaron TRL, Lago Vista TX 78645, adjusting to $344,502; a strong comparable. 3 comparable transactions in LAGO VISTA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group