411 Rawhide, Horseshoe Bay TX 78657

The market data from 5 similar recent sales in HORSESHOE BAY points to a value of approximately $1,065,710. To sell within a reasonable timeframe at fair market value, the $549,000 to $559,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in HORSESHOE BAY. The larger floor plan (145 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.28 acre comp average, which factors into pricing. With 3 similar homes currently listed in HORSESHOE BAY (a buyer's market), competition is a factor to consider. In HORSESHOE BAY, home values have fallen approximately 1.5% over the past 6 months. One of the strongest data points is 402 Horseshoe Bay North BLVD, Horseshoe Bay TX 78657, adjusting to $1,490,924; with a smaller floor plan. 5 comparable transactions in HORSESHOE BAY 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