7909 Turnback Ledge TRL, Lago Vista TX 78645

The market data from 3 similar recent sales in LAKESIDE TESSERA points to a value of approximately $474,900. To sell within a reasonable timeframe at fair market value, the $465,000 to $484,000 range is where I'd position this. In the current LAKESIDE TESSERA market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 302 sqft size difference versus comparable sales is reflected in the adjusted values. The 2014 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in LAKESIDE TESSERA; a buyer's market based on recent absorption. In LAKESIDE TESSERA, home values have fallen approximately 29.2% over the past 6 months. One of the strongest data points is 7901 Tessera PKWY, Lago Vista TX 78645, adjusting to $621,765; with a smaller floor plan. 3 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