1210 Hi Stirrup # 205, Horseshoe Bay TX 78657

The market data from 6 similar recent sales in OAKS points to a value of approximately $258,971. To sell within a reasonable timeframe at fair market value, the $337,000 to $466,000 range is where I'd position this. In the current OAKS market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in OAKS; a buyer's market based on recent absorption. In OAKS, home values have fallen approximately 79.1% over the past 6 months. One of the strongest data points is 1202 Hi Stirrup # 400, Horseshoe Bay TX 78657, adjusting to $200,000; a strong comparable. 6 comparable transactions in OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group