After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $1,211,099. Pricing this home between $1,187,000 and $1,235,000 would put it in the competitive sweet spot for HORSESHOE BAY WEST. Buyers shopping in HORSESHOE BAY WEST right now would see this as a well positioned option among 5 comparable homes. The larger lot (0.74 acres versus the area average of 0.62) contributes to the valuation. Buyers in HORSESHOE BAY WEST have 5 comparable options right now, with asking prices between $879,000 and $1,549,000. Market data shows HORSESHOE BAY WEST prices fallen 5.2% over the last half year. The closest comparable sale, 202 Big Sky, Horseshoe Bay TX 78657 at an adjusted $1,021,010, is with a larger floor plan and a pool. With 3 comparable sales in HORSESHOE BAY WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group