1214 Hi Stirrup # 109, Horseshoe Bay TX 78657

My analysis of 7 comparable properties puts this home's estimated value at $238,648. Based on how the local market is moving, a list price between $146,000 and $156,000 would position this home well. Relative to what's currently available in OAKS, this home would be the most expensive of 3 comparable homes on the market. The smaller lot (0.03 acres versus the area average of 0.10) contributes to the valuation. Current inventory shows 3 comparable homes in OAKS; a buyer's market based on recent absorption. The 6 month price trend in 78657: fallen 8.3%. The best comp here is 1206 Hi Stirrup # 300, Horseshoe Bay TX 78657 at an adjusted value of $147,000, a strong comparable. The comp data here (7 sales in OAKS) 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