22601 Maidengrass LN, Lago Vista TX 78645

My analysis of 5 comparable properties puts this home's estimated value at $489,850. Based on how the local market is moving, a list price between $601,000 and $608,000 would position this home well. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in TESSERA/LK's current inventory. The larger lot (0.26 acres versus the area average of 0.22) contributes to the valuation. There are currently 6 similar homes on the market in TESSERA/LK, ranging from $447,950 to $600,000. The 6 month price trend in TESSERA/LK: fallen 16.3%. The best comp here is 7901 Tessera PKWY, Lago Vista TX 78645 at an adjusted value of $600,633, a strong comparable. With 5 comparable sales in TESSERA/LK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group