7612 Turnback Ledge TRL, Lago Vista TX 78645

Based on 7 closed sales in TESSERA, the data points to a value around $502,366 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $562,000 to $580,000. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in TESSERA's current inventory. Lot size matters here: 0.25 acres versus 0.18 for the typical comp. Current inventory shows 7 comparable homes in TESSERA; a buyer's market based on recent absorption. Market data shows TESSERA prices risen 32.6% over the last half year. The closest comparable sale, 8108 Turning Leaf CIR, Lago Vista TX 78645 at an adjusted $464,467, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in TESSERA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group