524 Lighthouse DR, Horseshoe Bay TX 78657

After reviewing 3 recent transactions in HORSESHOE BAY PROPER, I estimate this property's value at $1,220,701. A competitive list price for this home right now would fall in the $2,334,000 to $2,505,000 range. This would position the home competitively among 3 active listings in HORSESHOE BAY PROPER. This home's larger footprint (620 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.19 acres versus the area average of 0.23) contributes to the valuation. There are currently 3 similar homes on the market in HORSESHOE BAY PROPER, ranging from $2,325,000 to $4,995,000. Prices in HORSESHOE BAY PROPER have fallen 16.8% over the last 6 months. A similar home at 2820 Aurora, Horseshoe Bay TX 78657 carries an adjusted comparable value of $596,089, providing a strong data point. With 3 comparable sales in HORSESHOE BAY PROPER, 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