406 Sombrero, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $2,031,772. For a well positioned listing in HORSESHOE BAY PROPER, I'd target the $579,000 to $589,000 range. Against 7 similar active listings in HORSESHOE BAY PROPER, this price point lands at the most expensive of 7 comparable homes on the market. Being 220 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 5967.48 acre comp average, which factors into pricing. With 7 similar homes currently listed in HORSESHOE BAY PROPER (a buyer's market), competition is a factor to consider. Recent trends in HORSESHOE BAY PROPER show home values have fallen 12.4% since 6 months ago. The most comparable recent sale is 101 Far North CIR, Horseshoe Bay TX 78657, with an adjusted value of $2,978,073; with a smaller floor plan. 4 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