22005 CROSS TIMBERS BND, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $471,235. For a well positioned listing in LAKESIDE TESSERA, I'd target the $392,000 to $402,000 range. In the current LAKESIDE TESSERA market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 2018 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LAKESIDE TESSERA; a balanced market based on recent absorption. Recent trends in LAKESIDE TESSERA show home values have fallen 20% since 6 months ago. The most comparable recent sale is 22200 Cross Timbers BND, Lago Vista TX 78645, with an adjusted value of $407,297; with a larger floor plan. 7 comparable transactions in LAKESIDE TESSERA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group