22301 Cape Travis BND, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $654,021. For a well positioned listing in TESSERA, I'd target the $566,000 to $576,000 range. In the current TESSERA market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (174 sqft vs the comp average) plays a role in how the market prices it. At 0.32 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in TESSERA, listed between $499,000 and $775,000. Recent trends in TESSERA show home values have risen 9.8% since 6 months ago. The most comparable recent sale is 7906 Turnback Ledge TRL, Lago Vista TX 78645, with an adjusted value of $657,159; 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