104 Cove E # 207, Horseshoe Bay TX 78657

This home was listed at $525,000 and was on the market for 164 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $475,931. Here are some factors that may have played a role: The asking price may have been roughly $49,069 above what comparable homes were selling for in this area. After 164 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. The pool is a differentiator here, since 4 of 5 comparable sales didn't include one. At 0.03 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. 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