7613 Pace Ravine DR, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $444,389. For a well positioned listing in LAKESIDE TESSERA, I'd target the $382,000 to $392,000 range. Against 7 similar active listings in LAKESIDE TESSERA, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 2018 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. 7 similar homes are currently available in LAKESIDE TESSERA, creating a balanced market for this price range. Recent trends in LAKESIDE TESSERA show home values have fallen 27.7% since 6 months ago. The most comparable recent sale is 22913 Agave Grove DR, Lago Vista TX 78645, with an adjusted value of $330,529; with a smaller 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