405 Sombrero, Horseshoe Bay TX 78657

My analysis of 3 comparable properties puts this home's estimated value at $448,494. Based on how the local market is moving, a list price between $523,000 and $575,000 would position this home well. This home's position in the current HORSESHOE BAY PROPER market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (372 sqft compared to the average comp) is a meaningful differentiator in this price range. At 6 years older than typical comps, the 1986 build date influences the valuation. With 3 similar homes currently listed in HORSESHOE BAY PROPER (a buyer's market), competition is a factor to consider. The 6 month price trend in HORSESHOE BAY PROPER: risen 8.3%. The best comp here is 1310 Clayton Nolen DR, Horseshoe Bay TX 78657 at an adjusted value of $377,056, with a larger floor plan. With 3 comparable sales in HORSESHOE BAY PROPER, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group