7519 Pace Ravine DR, Lago Vista TX 78645

The market data from 7 similar recent sales in LAKESIDE TESSERA points to a value of approximately $470,520. To sell within a reasonable timeframe at fair market value, the $393,000 to $403,000 range is where I'd position this. With 7 comparable homes on the market in LAKESIDE TESSERA, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 2017 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in LAKESIDE TESSERA, listed between $344,900 and $649,900. In LAKESIDE TESSERA, home values have fallen approximately 22.5% over the past 6 months. One of the strongest data points is 7808 Tessera PKWY, Lago Vista TX 78645, adjusting to $567,348; with a larger floor plan. 7 comparable transactions in LAKESIDE 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