8623 Bluff Ridge TRL, Lago Vista TX 78645

The estimated value of this property is $588,793, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $456,000 and $466,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 78645. The 0.51 acre lot (larger than the 0.37 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in 78645; a buyer's market based on recent absorption. Recent trends in 78645 show home values have fallen 4.9% since 6 months ago. The most comparable recent sale is 8414 Bronco Buster TRL, Lago Vista TX 78645, with an adjusted value of $630,893; with a smaller floor plan. Based on 4 relevant data points in 78645, 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