502 Dawn CIR, Horseshoe Bay TX 78657

After reviewing 5 recent transactions in DEER HAVEN, I estimate this property's value at $622,622. A competitive list price for this home right now would fall in the $826,000 to $831,000 range. Relative to what's currently available in DEER HAVEN, this home would be the most affordable of 5 comparable homes on the market. The larger floor plan (278 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.37 acres versus the area average of 0.29) contributes to the valuation. Current inventory shows 5 comparable homes in DEER HAVEN; a buyer's market based on recent absorption. Prices in DEER HAVEN have fallen 15.6% over the last 6 months. A similar home at 713 Lagoon LOOP, Horseshoe Bay TX 78657 carries an adjusted comparable value of $500,371, providing a strong data point. With 5 comparable sales in DEER HAVEN, 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