7401 TURNBACK LEDGE TRL, Lago Vista TX 78645

The estimated value of this property is $520,935, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $595,000 and $636,000. With 5 comparable homes on the market in LAKESIDE TESSERA, this price positions the property as the most affordable of 5 comparable homes on the market. Built in 2018, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. With 5 similar homes currently listed in LAKESIDE TESSERA (a balanced market), competition is a factor to consider. Recent trends in LAKESIDE TESSERA show home values have fallen 27.7% since 6 months ago. The most comparable recent sale is 8105 Royal Mint CV, Lago Vista TX 78645, with an adjusted value of $499,255; a strong comparable. Based on 7 relevant data points in LAKESIDE TESSERA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX