6505 Shady LN, Lago Vista TX 78645

The estimated value of this property is $341,628, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $214,000 and $224,000. With 6 comparable homes on the market in LAGO VISTA, this price positions the property as the most expensive of 6 comparable homes on the market. At 477 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1985, this home is 8 years older than the average comp, which is reflected in the adjustments. The active market in LAGO VISTA includes 6 comparable homes priced from $200,000 to $374,000. Recent trends in LAGO VISTA show home values have fallen 12% since 6 months ago. The most comparable recent sale is 21009 Buena VIS, Lago Vista TX 78645, with an adjusted value of $263,771; with a larger floor plan. 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