3104 Oak Ridge DR, Horseshoe Bay TX 78657

Based on 7 closed sales in OAK RIDGE ESTATES, the data points to a value around $466,616 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $288,000 to $298,000. This would position the home competitively among 7 active listings in OAK RIDGE ESTATES. Being built in 1978 (11 years older than comps) is factored into the value estimate. Lot size matters here: 1.44 acres versus 0.53 for the typical comp. Current inventory shows 7 comparable homes in OAK RIDGE ESTATES; a buyer's market based on recent absorption. Market data shows 78657 prices fallen 12.3% over the last half year. The closest comparable sale, 3112 Oak Ridge DR, Horseshoe Bay TX 78657 at an adjusted $482,102, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus