1117 Hi CIR N, Horseshoe Bay TX 78657

Based on 7 closed sales in HORSESHOE BAY PROPER, the data points to a value around $389,684 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $390,000 to $448,000. This home's position in the current HORSESHOE BAY PROPER market: the most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (374 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.00 acres versus 0.41 for the typical comp. Current inventory shows 3 comparable homes in HORSESHOE BAY PROPER; a buyer's market based on recent absorption. Market data shows HORSESHOE BAY PROPER prices fallen 28.1% over the last half year. The closest comparable sale, 215 Maverick CIR, Horseshoe Bay TX 78657 at an adjusted $364,151, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in HORSESHOE BAY PROPER. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group