22617 Agave Grove DR, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $543,125. For a well positioned listing in TESSERA, I'd target the $532,000 to $554,000 range. In the current TESSERA market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 111 sqft smaller than the typical comp, the size difference factors into the valuation. The 2022 construction puts this home 6 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in TESSERA, ranging from $459,000 to $629,699. Recent trends in TESSERA show home values have risen 14.1% since 6 months ago. The most comparable recent sale is 8108 Turning Leaf CIR, Lago Vista TX 78645, with an adjusted value of $472,366; 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