107 Lachite # 3, Horseshoe Bay TX 78657

The market data from 7 similar recent sales in WESTRIDGE points to a value of approximately $620,857. To sell within a reasonable timeframe at fair market value, the $277,000 to $287,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in WESTRIDGE. The 1981 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.36 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in WESTRIDGE, ranging from $269,000 to $1,250,000. In 78657, home values have fallen approximately 16.5% over the past 6 months. One of the strongest data points is 2500 Highview DR, Horseshoe Bay TX 78657, adjusting to $416,786; a strong comparable. 7 comparable transactions in WESTRIDGE 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