2105 Cactus, Horseshoe Bay TX 78657

The market data from 4 similar recent sales in HORSESHOE BAY SOUTH points to a value of approximately $250,280. To sell within a reasonable timeframe at fair market value, the $205,000 to $215,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in HORSESHOE BAY SOUTH. Being 128 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.15 acres, the lot is larger than the 0.11 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in HORSESHOE BAY SOUTH; a balanced market based on recent absorption. In HORSESHOE BAY SOUTH, home values have fallen approximately 58.2% over the past 6 months. One of the strongest data points is 1504 22nd ST, Horseshoe Bay TX 78657, adjusting to $146,458; with a larger floor plan. 4 comparable transactions in HORSESHOE BAY SOUTH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group