412 Island DR, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $2,843,848. For a well positioned listing in HORSESHOE BAY, I'd target the $2,438,000 to $2,448,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in HORSESHOE BAY. The larger floor plan (557 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1994 construction puts this home 6 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in HORSESHOE BAY, creating a buyer's market for this price range. Recent trends in HORSESHOE BAY show home values have fallen 58.9% since 6 months ago. The most comparable recent sale is 115 Dalton Circle, Horseshoe Bay TX 78657, with an adjusted value of $1,577,160; with a larger floor plan and a pool. 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