1206 Hi Stirrup # 306, Horseshoe Bay TX 78657

The market data from 4 similar recent sales in OAKS points to a value of approximately $295,717. To sell within a reasonable timeframe at fair market value, the $231,000 to $241,000 range is where I'd position this. With 4 comparable homes on the market in OAKS, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 1982 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in OAKS, listed between $235,000 and $649,000. In 78657, home values have fallen approximately 10.6% over the past 6 months. One of the strongest data points is 104 Horseshoe Bay BLVD # 5, Horseshoe Bay TX 78657, adjusting to $475,080; with a larger floor plan. The 4 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