7202 Deepwood DR, Lago Vista TX 78645

My analysis of 3 comparable properties puts this home's estimated value at $348,336. Based on how the local market is moving, a list price between $289,000 and $299,000 would position this home well. Buyers shopping in LAGO VISTA ESTATES right now would see this as a well positioned option among 7 comparable homes. At 132 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.28 acres versus the area average of 0.31) contributes to the valuation. With 7 similar homes currently listed in LAGO VISTA ESTATES (a balanced market), competition is a factor to consider. The 6 month price trend in LAGO VISTA ESTATES: fallen 24.1%. The best comp here is 21522 Horseshoe LOOP, Lago Vista TX 78645 at an adjusted value of $372,827, a strong comparable. With 3 comparable sales in LAGO VISTA ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group