124 Lakeshore DR, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $661,471. For a well positioned listing in SANDY HARBOR, I'd target the $579,000 to $589,000 range. Against 7 similar active listings in SANDY HARBOR, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (188 sqft vs the comp average) plays a role in how the market prices it. At 2.75 acres, the lot is larger than the 0.52 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SANDY HARBOR; a buyer's market based on recent absorption. Recent trends in 78657 show home values have fallen 8.9% since 6 months ago. The most comparable recent sale is 1007 Broken Hills, Horseshoe Bay TX 78657, with an adjusted value of $652,963; with a larger floor plan. 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