419 Hillview DR, Horseshoe Bay TX 78657

The market data from 7 similar recent sales in BLUE LAKE ESTATES points to a value of approximately $620,731. To sell within a reasonable timeframe at fair market value, the $422,000 to $432,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in BLUE LAKE ESTATES. The 1967 construction puts this home 12 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is smaller than the 0.40 acre comp average, which factors into pricing. 4 similar homes are currently available in BLUE LAKE ESTATES, creating a buyer's market for this price range. In 78657, home values have fallen approximately 2.1% over the past 6 months. One of the strongest data points is 204 Canyon Oaks, Sunrise Beach TX 78643, adjusting to $831,610; 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