2004 W Fm 2147, Horseshoe Bay TX 78657

The market data from 7 similar recent sales in CHANNEL OAKS points to a value of approximately $541,842. To sell within a reasonable timeframe at fair market value, the $531,000 to $553,000 range is where I'd position this. In the current CHANNEL OAKS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 1972 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.54 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. Buyers in CHANNEL OAKS have 4 comparable options right now, with asking prices between $220,000 and $299,000. In 78657, home values have fallen approximately 26% over the past 6 months. One of the strongest data points is 2415 W Fm 2147 W, Horseshoe Bay TX 78657, adjusting to $312,831; a strong comparable. 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