406 Great Western ST, Horseshoe Bay TX 78657

My analysis of 7 comparable properties puts this home's estimated value at $532,942. Based on how the local market is moving, a list price between $307,000 and $317,000 would position this home well. This home's position in the current HORSESHOE BAY market: the most expensive of 2 comparable homes on the market among comparable properties. This home's smaller footprint (143 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.35 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 2 comparable homes in HORSESHOE BAY; a buyer's market based on recent absorption. The 6 month price trend in HORSESHOE BAY: fallen 58.9%. The best comp here is 5321 W Fm 2147 # 6, Horseshoe Bay TX 78657 at an adjusted value of $425,358, a strong comparable. The comp data here (7 sales in HORSESHOE BAY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus