600 Bluffwater WAY, Lago Vista TX 78645

The market data from 5 similar recent sales in WATERFORD points to a value of approximately $1,911,342. To sell within a reasonable timeframe at fair market value, the $1,017,000 to $1,027,000 range is where I'd position this. With 3 comparable homes on the market in WATERFORD, this price positions the property as the most expensive of 3 comparable homes on the market. At 0.95 acres, the lot is smaller than the 1.14 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in WATERFORD; a buyer's market based on recent absorption. In 78645, home values have fallen approximately 5.5% over the past 6 months. One of the strongest data points is 1116 Watercliffe DR, Lago Vista TX 78645, adjusting to $2,115,157; with a larger floor plan. 5 comparable transactions in WATERFORD 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