205 Apache Tears, Horseshoe Bay TX 78657

The market data from 7 similar recent sales in HORSESHOE BAY WEST points to a value of approximately $1,060,716. To sell within a reasonable timeframe at fair market value, the $485,000 to $495,000 range is where I'd position this. With 7 comparable homes on the market in HORSESHOE BAY WEST, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1,436 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.42 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in HORSESHOE BAY WEST; a buyer's market based on recent absorption. In HORSESHOE BAY WEST, home values have risen approximately 27.8% over the past 6 months. One of the strongest data points is 305 Blue Ground, Horseshoe Bay TX 78657, adjusting to $1,231,037; with a smaller 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