5802 Circulo DR, Lago Vista TX 78645

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $322,760. Pricing this home between $73,000 and $83,000 would put it in the competitive sweet spot for OVERLOOK VILLA WEST. Buyers shopping in OVERLOOK VILLA WEST right now would see this as a well positioned option among 7 comparable homes. At 7 years older than typical comps, the 1971 build date influences the valuation. The smaller lot (0.07 acres versus the area average of 0.63) contributes to the valuation. With 7 similar homes currently listed in OVERLOOK VILLA WEST (a buyer's market), competition is a factor to consider. Market data shows 78645 prices risen 3.2% over the last half year. The closest comparable sale, 5916 Lago Vista WAY # B16, Lago Vista TX 78645 at an adjusted $215,000, is a strong comparable. With 7 comparable sales in OVERLOOK VILLA WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group