7417 Spanish Oak DR, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $317,483. For a well positioned listing in LAGO VISTA ESTATES, I'd target the $152,000 to $162,000 range. With 7 comparable homes on the market in LAGO VISTA ESTATES, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (504 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1986 construction puts this home 13 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in LAGO VISTA ESTATES, listed between $149,900 and $375,000. Recent trends in LAGO VISTA ESTATES show home values have risen 2.9% since 6 months ago. The most comparable recent sale is 7303 White Oak DR, Lago Vista TX 78645, with an adjusted value of $263,870; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group