403 Rio, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $540,178. For a well positioned listing in HORSESHOE BAY PROPER, I'd target the $452,000 to $462,000 range. 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 PROPER. The larger floor plan (187 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.40 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in HORSESHOE BAY PROPER, ranging from $399,000 to $724,990. Recent trends in HORSESHOE BAY PROPER show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 416 Green Leaf, Horseshoe Bay TX 78657, with an adjusted value of $581,146; with a smaller floor plan. 3 comparable transactions in HORSESHOE BAY PROPER 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