406 Island DR, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,642,067. I'd recommend coming to market at $1,204,000 to $1,214,000 to strike the right balance between value and market velocity. In the current HORSESHOE BAY PROPER market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (705 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2007, this home is 7 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in HORSESHOE BAY PROPER; a buyer's market based on recent absorption. The trend in HORSESHOE BAY PROPER shows prices have risen 8.3% in the past 6 months. 210 Half Moon ST, Horseshoe Bay TX 78657 nearby adjusts to $745,439; a strong comparable. Based on 7 relevant data points in HORSESHOE BAY PROPER, 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