2509 Diagonal # 4, Horseshoe Bay TX 78657

The market data from 7 similar recent sales in TRANQUILO BAY points to a value of approximately $600,781. To sell within a reasonable timeframe at fair market value, the $440,000 to $450,000 range is where I'd position this. In the current TRANQUILO BAY market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.45 acre comp average, which factors into pricing. 5 similar homes are currently available in TRANQUILO BAY, creating a buyer's market for this price range. In 78657, home values have fallen approximately 35.1% over the past 6 months. One of the strongest data points is 713 Lagoon LOOP, Horseshoe Bay TX 78657, adjusting to $359,438; 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