5806 Circulo DR # 16, Lago Vista TX 78645

Based on 7 closed sales in OVERLOOK VILLA NORTH, the data points to a value around $367,146 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $174,000 to $184,000. This home's position in the current OVERLOOK VILLA NORTH market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1971 (18 years older than comps) is factored into the value estimate. Lot size matters here: 0.02 acres versus 0.65 for the typical comp. Current inventory shows 7 comparable homes in OVERLOOK VILLA NORTH; a buyer's market based on recent absorption. Market data shows 78645 prices risen 4.8% over the last half year. The closest comparable sale, 21506 Horseshoe LOOP, Lago Vista TX 78645 at an adjusted $293,289, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus