509 Short Circuit # 103, Horseshoe Bay TX 78657

After reviewing 7 recent transactions in VILLAS DE LAGO, I estimate this property's value at $212,758. A competitive list price for this home right now would fall in the $149,000 to $159,000 range. This would position the home competitively among 7 active listings in VILLAS DE LAGO. This home's smaller footprint (332 sqft vs the comp average) plays a role in how the market prices it. At 6 years newer than typical comps, the 1982 build date influences the valuation. With 7 similar homes currently listed in VILLAS DE LAGO (a buyer's market), competition is a factor to consider. Prices in 78657 have fallen 16.5% over the last 6 months. A similar home at 104 Horseshoe Bay BLVD # 5, Horseshoe Bay TX 78657 carries an adjusted comparable value of $451,692, providing a strong data point. With 7 comparable sales in VILLAS DE LAGO, 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