7709 Turnback Ledge TRL, Lago Vista TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $583,483. For a well positioned listing in TESSERA, I'd target the $572,000 to $595,000 range. In the current TESSERA market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (130 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.25 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Buyers in TESSERA have 4 comparable options right now, with asking prices between $549,900 and $645,000. Recent trends in TESSERA show home values have risen 25% since 6 months ago. The most comparable recent sale is 7906 Turnback Ledge TRL, Lago Vista TX 78645, with an adjusted value of $594,782; with a larger floor plan. 5 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