109 Kings WAY, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $420,636. I'd recommend coming to market at $330,000 to $340,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in CASTLE TERRACE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (106 sqft vs the comp average) plays a role in how the market prices it. Built in 2020, this home is 6 years newer than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in CASTLE TERRACE, creating a buyer's market for this price range. The trend in 78657 shows prices have fallen 35.1% in the past 6 months. 505 Royal CT, Horseshoe Bay TX 78657 nearby adjusts to $394,706; a strong comparable. Based on 7 relevant data points in CASTLE TERRACE, 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