5902 Lakeshore DR, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $449,363. For a well positioned listing in LAGO VISTA ESTATES, I'd target the $211,000 to $221,000 range. With 3 comparable homes on the market in LAGO VISTA ESTATES, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (164 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1973 construction puts this home 9 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in LAGO VISTA ESTATES, creating a buyer's market for this price range. Recent trends in LAGO VISTA ESTATES show home values have risen 2.9% since 6 months ago. The most comparable recent sale is 6404 Lakeshore DR, Lago Vista TX 78645, with an adjusted value of $800,655; with a smaller floor plan. The 6 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