1310 Broken Arrow, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,533,905. I'd recommend coming to market at $2,989,000 to $3,140,000 to strike the right balance between value and market velocity. Against 5 similar active listings in HORSESHOE BAY PROPER, this price point lands at the most affordable of 5 comparable homes on the market. Being 944 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1997, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in HORSESHOE BAY PROPER; a buyer's market based on recent absorption. The trend in HORSESHOE BAY PROPER shows prices have fallen 7.3% in the past 6 months. 210 Half Moon ST, Horseshoe Bay TX 78657 nearby adjusts to $811,202; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group