115 Plaza Escondido, Horseshoe Bay TX 78657

The market data from 7 similar recent sales in ESCONDIDO points to a value of approximately $3,142,847. To sell within a reasonable timeframe at fair market value, the $2,666,000 to $2,676,000 range is where I'd position this. With 3 comparable homes on the market in ESCONDIDO, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Being 641 sqft larger than the average comparable sale in this area impacts the per square foot value. At 1.20 acres, the lot is larger than the 0.45 acre comp average, which factors into pricing. Buyers in ESCONDIDO have 3 comparable options right now, with asking prices between $2,450,000 and $4,100,000. In 78657, home values have fallen approximately 13.2% over the past 6 months. One of the strongest data points is 42 Applehead Island DR, Horseshoe Bay TX 78657, adjusting to $5,027,744; with a larger floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group