100 Bay Point DR # 7, Horseshoe Bay TX 78657

The market data from 5 similar recent sales in ESCAPE CONDO points to a value of approximately $231,676. To sell within a reasonable timeframe at fair market value, the $166,000 to $176,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in ESCAPE CONDO. At 0.04 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. With 3 similar homes currently listed in ESCAPE CONDO (a buyer's market), competition is a factor to consider. In 78657, home values have fallen approximately 15.6% over the past 6 months. One of the strongest data points is 1202 Hi Stirrup # 400, Horseshoe Bay TX 78657, adjusting to $199,810; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group