409 Lucy LN, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $848,632. For a well positioned listing in HORSESHOE BAY NORTH, I'd target the $823,000 to $874,000 range. With 1 comparable homes on the market in HORSESHOE BAY NORTH, this price positions the property as below the only comparable home currently on the market. At 803 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 5.44 acre comp average, which factors into pricing. With 1 similar homes currently listed in HORSESHOE BAY NORTH (a buyer's market), competition is a factor to consider. Recent trends in 78657 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 625 Horseshoe Bay BLVD, Horseshoe Bay TX 78657, with an adjusted value of $1,269,744; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group