101 W Bank # 43, Horseshoe Bay TX 78657

After reviewing 3 recent transactions in WATERS, I estimate this property's value at $719,825. A competitive list price for this home right now would fall in the $454,000 to $464,000 range. This home's position in the current WATERS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.36) contributes to the valuation. 3 similar homes are currently available in WATERS, creating a buyer's market for this price range. Prices in 78657 have fallen 19.5% over the last 6 months. A similar home at 96 Island DR # 44, Horseshoe Bay TX 78657 carries an adjusted comparable value of $966,299, providing a strong data point. With 3 comparable sales in WATERS, 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