411 Oak Rock, Horseshoe Bay TX 78657

My analysis of 7 comparable properties puts this home's estimated value at $598,475. Based on how the local market is moving, a list price between $414,000 and $424,000 would position this home well. This home's position in the current OAK RIDGE ESTATES market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 1986 build date influences the valuation. The smaller lot (0.10 acres versus the area average of 0.38) contributes to the valuation. With 7 similar homes currently listed in OAK RIDGE ESTATES (a buyer's market), competition is a factor to consider. The 6 month price trend in 78657: fallen 13.2%. The best comp here is 3112 Oak Ridge DR, Horseshoe Bay TX 78657 at an adjusted value of $492,490, a strong comparable. With 7 comparable sales in OAK RIDGE ESTATES, 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