1205 Hi Stirrup # 110, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $373,901. I'd recommend coming to market at $214,000 to $224,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in TIMBERRIDGE, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (119 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1974, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in TIMBERRIDGE; a buyer's market based on recent absorption. The trend in 78657 shows prices have fallen 31.2% in the past 6 months. 104 Horseshoe Bay BLVD # 5, Horseshoe Bay TX 78657 nearby adjusts to $582,262; with a smaller floor plan. Based on 5 relevant data points in TIMBERRIDGE, 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