8405 PRAIRIE RYE DR, Lago Vista TX 78654

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $462,811. I'd recommend coming to market at $581,000 to $594,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in LAKESIDE TESSERA. Built in 2020, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in LAKESIDE TESSERA, listed between $499,000 and $699,000. The trend in LAKESIDE TESSERA shows prices have fallen 27.7% in the past 6 months. 22200 Cross Timbers BND, Lago Vista TX 78645 nearby adjusts to $442,854; a strong comparable. Based on 7 relevant data points in LAKESIDE TESSERA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX