1407 Ponderosa BND, 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 $252,855. I'd recommend coming to market at $245,000 to $260,000 to strike the right balance between value and market velocity. In the current HORSESHOE BAY SOUTH market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 120 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2005, this home is 7 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in HORSESHOE BAY SOUTH; a buyer's market based on recent absorption. 3006 Dew Drop, Horseshoe Bay TX 78657 nearby adjusts to $327,766; a strong comparable. Based on 7 relevant data points in HORSESHOE BAY SOUTH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX