101 Western SPUR, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $415,766. I'd recommend coming to market at $257,000 to $267,000 to strike the right balance between value and market velocity. In the current HORSESHOE BAY PROPER market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 435 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2005, this home is 12 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in HORSESHOE BAY PROPER (a buyer's market), competition is a factor to consider. The trend in HORSESHOE BAY PROPER shows prices have risen 0.8% in the past 6 months. 1603 Purple Sage, Horseshoe Bay TX 78657 nearby adjusts to $281,772; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group