After reviewing 7 recent transactions in HORSESHOE BAY WEST, I estimate this property's value at $1,452,239. A competitive list price for this home right now would fall in the $1,128,000 to $1,138,000 range. Buyers shopping in HORSESHOE BAY WEST right now would see this as a well positioned option among 7 comparable homes. The 254 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.63 acres versus the area average of 0.43) contributes to the valuation. Current inventory shows 7 comparable homes in HORSESHOE BAY WEST; a buyer's market based on recent absorption. Prices in HORSESHOE BAY WEST have risen 12.5% over the last 6 months. A similar home at 202 Big Sky, Horseshoe Bay TX 78657 carries an adjusted comparable value of $1,185,744, providing a strong data point. The comp data here (7 sales in HORSESHOE BAY WEST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
