401 Sombrero, Horseshoe Bay TX 78657

The estimated value of this property is $756,058, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $520,000 and $530,000. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in HORSESHOE BAY. At 101 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1998, this home is 5 years newer than the average comp, which is reflected in the adjustments. Right now, 5 similar properties are competing for buyers in HORSESHOE BAY, listed between $490,000 and $2,300,000. Recent trends in HORSESHOE BAY show home values have fallen 58.9% since 6 months ago. The most comparable recent sale is 402 Horseshoe Bay North BLVD, Horseshoe Bay TX 78657, with an adjusted value of $1,515,028; a strong comparable. Based on 5 relevant data points in HORSESHOE BAY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX