8004 Purple Aster PASS, Lago Vista TX 78645

My analysis of 7 comparable properties puts this home's estimated value at $497,439. Based on how the local market is moving, a list price between $376,000 and $386,000 would position this home well. Relative to what's currently available in LAKESIDE TESSERA, this home would be the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (293 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.50 acres versus the area average of 0.15) contributes to the valuation. There are currently 7 similar homes on the market in LAKESIDE TESSERA, ranging from $345,000 to $615,000. The 6 month price trend in LAKESIDE TESSERA: fallen 27.7%. The best comp here is 22120 Cross Timbers BND, Lago Vista TX 78645 at an adjusted value of $478,768, a strong comparable. The comp data here (7 sales in LAKESIDE 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