455 Granite LOOP, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,047,185. I'd recommend coming to market at $677,000 to $687,000 to strike the right balance between value and market velocity. Among the similar homes currently available in OAK RIDGE ESTATES, this price point stands out as competitive. At 111 sqft larger than the typical comp, the size difference factors into the valuation. The 0.14 acre lot (smaller than the 0.31 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in OAK RIDGE ESTATES; a buyer's market based on recent absorption. The trend in 78657 shows prices have fallen 22.6% in the past 6 months. 1007 Broken Hills, Horseshoe Bay TX 78657 nearby adjusts to $641,432; with a smaller floor plan. Based on 7 relevant data points in OAK RIDGE ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX