509 Short Circuit # 205, Horseshoe Bay TX 78657

The market data from 5 similar recent sales in VILLAS DE LAGO points to a value of approximately $250,272. To sell within a reasonable timeframe at fair market value, the $132,000 to $142,000 range is where I'd position this. Against 4 similar active listings in VILLAS DE LAGO, this price point lands at the most expensive of 4 comparable homes on the market. The 1982 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in VILLAS DE LAGO, listed between $149,000 and $649,000. In 78657, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 304 Hi There # 137, Horseshoe Bay TX 78657, adjusting to $176,773; a strong comparable. The 5 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