312 Lucy LN, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $815,336. For a well positioned listing in HORSESHOE BAY NORTH, I'd target the $309,000 to $319,000 range. With 7 comparable homes on the market in HORSESHOE BAY NORTH, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 183 sqft smaller than the typical comp, the size difference factors into the valuation. The 1981 construction puts this home 19 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in HORSESHOE BAY NORTH; a buyer's market based on recent absorption. Recent trends in 78657 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 403 Horseshoe Bay N BLVD, Horseshoe Bay TX 78657, with an adjusted value of $1,465,648; 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