Taking into account 3 nearby comparable sales, this property's estimated value comes to $330,330. If we were to list this property today, I'd recommend a list price in the $366,000 to $390,000 range. Buyers shopping in LAGO VISTA right now would see this as a well positioned option among 7 comparable homes. The 228 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2022 (5 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in LAGO VISTA, creating a buyer's market for this price range. The 6 month price trend in LAGO VISTA: fallen 8.5%. The best comp here is 4033 Outpost TRCE, Lago Vista TX 78645 at an adjusted value of $336,365, with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in LAGO VISTA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
