107 Lachite # 2, Horseshoe Bay TX 78657

The estimated value of this property is $669,538, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $246,000 and $256,000. Against 7 similar active listings in WESTRIDGE, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Being 205 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.04 acre lot (smaller than the 0.30 acre average) is reflected in the estimate. With 7 similar homes currently listed in WESTRIDGE (a buyer's market), competition is a factor to consider. Recent trends in 78657 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 107 Channel DR, Sunrise Beach TX 78643, with an adjusted value of $480,084; 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