22318 Cape Travis BND, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $475,644. For a well positioned listing in TESSERA, I'd target the $583,000 to $606,000 range. Against 7 similar active listings in TESSERA, this price point lands at the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. 7 similar homes are currently available in TESSERA, creating a buyer's market for this price range. Recent trends in TESSERA show home values have risen 27.3% since 6 months ago. The most comparable recent sale is 7906 Turnback Ledge TRL, Lago Vista TX 78645, with an adjusted value of $546,700; with a larger floor plan. 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