1117 Hi Fault, Horseshoe Bay TX 78657

Based on 3 closed sales in HORSESHOE BAY WEST, the data points to a value around $790,469 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $622,000 to $632,000. This home's position in the current HORSESHOE BAY WEST market: the most expensive of 5 comparable homes on the market among comparable properties. At 352 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2020 (5 years older than comps) is factored into the value estimate. With 5 similar homes currently listed in HORSESHOE BAY WEST (a buyer's market), competition is a factor to consider. Market data shows HORSESHOE BAY WEST prices risen 10.3% over the last half year. The closest comparable sale, 111 Big Sky, Horseshoe Bay TX 78657 at an adjusted $944,410, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in HORSESHOE BAY WEST. 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