300 Lucy LN # 4, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $509,148. For a well positioned listing in HORSESHOE BAY NORTH, I'd target the $285,000 to $295,000 range. With 5 comparable homes on the market in HORSESHOE BAY NORTH, this price positions the property as the most expensive of 5 comparable homes on the market. The smaller floor plan (173 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1980 construction puts this home 13 years older than the comp average, a factor in the pricing. The active market in HORSESHOE BAY NORTH includes 5 comparable homes priced from $310,000 to $415,000. Recent trends in 78657 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 5321 FM 2147 # 3, Horseshoe Bay TX 78657, with an adjusted value of $185,807; 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