2902 Pack Saddle, Horseshoe Bay TX 78657

After reviewing 7 recent transactions in BLUE LAKE ESTATES, I estimate this property's value at $987,524. A competitive list price for this home right now would fall in the $511,000 to $521,000 range. This home's position in the current BLUE LAKE ESTATES market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The 236 sqft size difference versus comparable sales is reflected in the adjusted values. At 14 years older than typical comps, the 1972 build date influences the valuation. Current inventory shows 7 comparable homes in BLUE LAKE ESTATES; a buyer's market based on recent absorption. Prices in 78657 have fallen 14.7% over the last 6 months. A similar home at 3606 Pack Saddle DR, Horseshoe Bay TX 78657 carries an adjusted comparable value of $1,253,866, providing a strong data point. With 7 comparable sales in BLUE LAKE ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group