501 Highlands BLVD # 18, Horseshoe Bay TX 78657

After reviewing 3 recent transactions in HIGHLAND CONDOS, I estimate this property's value at $404,935. A competitive list price for this home right now would fall in the $227,000 to $237,000 range. Relative to what's currently available in HIGHLAND CONDOS, this home would be the most expensive of 5 comparable homes on the market. The larger floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 3 of the 3 comps lacked one. Current inventory shows 5 comparable homes in HIGHLAND CONDOS; a buyer's market based on recent absorption. Prices in 78657 have fallen 23.9% over the last 6 months. A similar home at 104 Horseshoe Bay BLVD # 5, Horseshoe Bay TX 78657 carries an adjusted comparable value of $561,044, providing a strong data point. With 3 comparable sales in HIGHLAND CONDOS, 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