525 N Horseshoe Bay, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,174,921. I'd recommend coming to market at $493,000 to $503,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in HORSESHOE BAY NORTH, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. Being 103 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1982, this home is 8 years older than the average comp, which is reflected in the adjustments. The active market in HORSESHOE BAY NORTH includes 6 comparable homes priced from $499,000 to $1,295,000. The trend in 78657 shows prices have fallen 23.9% in the past 6 months. 403 Horseshoe Bay N BLVD, Horseshoe Bay TX 78657 nearby adjusts to $1,522,742; a strong comparable. Based on 7 relevant data points in HORSESHOE BAY NORTH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX