7717 Dakota CIR, Lago Vista TX 78645

The market data from 3 similar recent sales in LAGO VISTA points to a value of approximately $305,808. To sell within a reasonable timeframe at fair market value, the $327,000 to $332,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in LAGO VISTA. This home's larger footprint (238 sqft vs the comp average) plays a role in how the market prices it. The 2021 construction puts this home 5 years newer than the comp average, a factor in the pricing. 6 similar homes are currently available in LAGO VISTA, creating a buyer's market for this price range. In LAGO VISTA, home values have fallen approximately 12% over the past 6 months. One of the strongest data points is 6200 Pokealong PATH, Lago Vista TX 78645, adjusting to $304,838; with a smaller floor plan. The 3 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