109 Island DR # A, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $599,732. I'd recommend coming to market at $294,000 to $304,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78657, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The larger floor plan (153 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.02 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78657 (a buyer's market), competition is a factor to consider. The trend in 78657 shows prices have fallen 12.3% in the past 6 months. 612 Port # 4, Horseshoe Bay TX 78657 nearby adjusts to $917,785; a strong comparable. Based on 3 relevant data points in 78657, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX