5914 Lago Vista WAY # 29, Lago Vista TX 78645

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $361,305. I'd recommend coming to market at $220,000 to $230,000 to strike the right balance between value and market velocity. In the current OVERLOOK VILLA WEST market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (167 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.07 acre lot (smaller than the 0.56 acre average) is reflected in the estimate. The active market in OVERLOOK VILLA WEST includes 7 comparable homes priced from $229,500 to $440,000. The trend in 78645 shows prices have fallen 7.6% in the past 6 months. 5914 Lago Vista WAY # C24, Leander TX 78645 nearby adjusts to $165,376; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group