5320 FM 2147 DR NE, Horseshoe Bay TX 78657

The estimated value of this property is $2,066,213, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $4,236,000 and $4,287,000. In the current JONATHAN COVE market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. This home's larger footprint (2,589 sqft vs the comp average) plays a role in how the market prices it. The 0.04 acre lot (smaller than the 0.52 acre average) is reflected in the estimate. The active market in JONATHAN COVE includes 3 comparable homes priced from $4,500,000 to $7,000,000. Recent trends in 78657 show home values have fallen 16.5% since 6 months ago. The most comparable recent sale is 5324 W Fm 2147, Horseshoe Bay TX 78657, with an adjusted value of $4,286,922; with a smaller floor plan and a pool. 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