400 Shale, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $815,020. For a well positioned listing in HORSESHOE BAY WEST, I'd target the $540,000 to $550,000 range. With 7 comparable homes on the market in HORSESHOE BAY WEST, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (311 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.37 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in HORSESHOE BAY WEST, listed between $565,000 and $1,290,000. Recent trends in HORSESHOE BAY WEST show home values have fallen 0.5% since 6 months ago. The most comparable recent sale is 612 Broken Hills DR, Horseshoe Bay TX 78657, with an adjusted value of $696,005; a strong comparable. 7 comparable transactions in HORSESHOE BAY WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group