3115 Ranchette RD, Horseshoe Bay TX 78657

After reviewing 7 recent transactions in OAK RIDGE ESTATES, I estimate this property's value at $1,176,578. A competitive list price for this home right now would fall in the $959,000 to $969,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in OAK RIDGE ESTATES's current inventory. Being 280 sqft larger than the average comparable sale in this area impacts the per square foot value. At 9 years newer than typical comps, the 2008 build date influences the valuation. Current inventory shows 7 comparable homes in OAK RIDGE ESTATES; a buyer's market based on recent absorption. Prices in 78657 have fallen 8.9% over the last 6 months. A similar home at 202 Big Sky, Horseshoe Bay TX 78657 carries an adjusted comparable value of $1,188,872, providing a strong data point. The comp data here (7 sales in OAK RIDGE ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus