103 Long MTN, Horseshoe Bay TX 78657

The market data from 3 similar recent sales in HORSESHOE BAY WEST points to a value of approximately $2,529,287. To sell within a reasonable timeframe at fair market value, the $1,476,000 to $1,486,000 range is where I'd position this. With 7 comparable homes on the market in HORSESHOE BAY WEST, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 632 sqft larger than the typical comp, the size difference factors into the valuation. At 0.46 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. With 7 similar homes currently listed in HORSESHOE BAY WEST (a buyer's market), competition is a factor to consider. In HORSESHOE BAY WEST, home values have fallen approximately 0.5% over the past 6 months. One of the strongest data points is 3000 Driftwood LN, Horseshoe Bay TX 78657, adjusting to $2,225,471; with a smaller floor plan and a pool. 3 comparable transactions in HORSESHOE BAY WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group