22312 Cape Travis BND, Lago Vista TX 78645

The market data from 7 similar recent sales in TESSERA points to a value of approximately $541,308. To sell within a reasonable timeframe at fair market value, the $618,000 to $641,000 range is where I'd position this. Against 7 similar active listings in TESSERA, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. With 7 similar homes currently listed in TESSERA (a buyer's market), competition is a factor to consider. In TESSERA, home values have risen approximately 9.8% over the past 6 months. One of the strongest data points is 7507 Pace Ravine DR, Lago Vista TX 78645, adjusting to $578,772; a strong comparable. 7 comparable transactions in 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