508 Hi CIR W # B, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $302,939. I'd recommend coming to market at $199,000 to $209,000 to strike the right balance between value and market velocity. In the current HORSESHOE BAY PROPER market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. This home's smaller footprint (595 sqft vs the comp average) plays a role in how the market prices it. Built in 1994, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in HORSESHOE BAY PROPER (a buyer's market), competition is a factor to consider. The trend in HORSESHOE BAY PROPER shows prices have risen 8.3% in the past 6 months. 502B Hi Circle West, Horseshoe Bay TX 78657 nearby adjusts to $197,029; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group