2205 5th ST, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $144,188. I'd recommend coming to market at $141,000 to $147,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in HORSESHOE BAY SOUTH, this price positions the property as the most affordable of 3 comparable homes on the market. Being 332 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1997, this home is 12 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in HORSESHOE BAY SOUTH, creating a buyer's market for this price range. The trend in HORSESHOE BAY SOUTH shows prices have fallen 50.8% in the past 6 months. 2404 Stag, Horseshoe Bay TX 78657 nearby adjusts to $197,258; 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