7920 Turnback Ledge TRL, Lago Vista TX 78645

After reviewing 4 recent transactions in TESSERA, I estimate this property's value at $610,839. A competitive list price for this home right now would fall in the $526,000 to $536,000 range. This would position the home competitively among 6 active listings in TESSERA. The smaller floor plan (196 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 2014 build date influences the valuation. Current inventory shows 6 comparable homes in TESSERA; a buyer's market based on recent absorption. Prices in TESSERA have risen 9.8% over the last 6 months. A similar home at 7507 Pace Ravine DR, Lago Vista TX 78645 carries an adjusted comparable value of $605,083, providing a strong data point. The comp data here (4 sales in TESSERA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus