6620 Panorama RDG, Lago Vista TX 78645

The estimated value of this property is $538,465, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $463,000 and $473,000. Against 3 similar active listings in LAGO VISTA & LAGO VISTA ESTATES, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 115 sqft larger than the typical comp, the size difference factors into the valuation. The 0.44 acre lot (larger than the 0.32 acre average) is reflected in the estimate. 3 similar homes are currently available in LAGO VISTA & LAGO VISTA ESTATES, creating a buyer's market for this price range. Recent trends in 78645 show home values have fallen 6.5% since 6 months ago. The most comparable recent sale is 21726 Sierra TRL, Lago Vista TX 78645, with an adjusted value of $612,842; a strong comparable. Based on 7 relevant data points in LAGO VISTA & LAGO VISTA ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX