5321 W Fm 2147 # 5, Horseshoe Bay TX 78657

After reviewing 6 recent transactions in HORSESHOE BAY, I estimate this property's value at $779,587. A competitive list price for this home right now would fall in the $530,000 to $540,000 range. Relative to what's currently available in HORSESHOE BAY, this home would be the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (349 sqft compared to the average comp) is a meaningful differentiator in this price range. At 12 years older than typical comps, the 1986 build date influences the valuation. Right now, 7 similar properties are competing for buyers in HORSESHOE BAY, listed between $510,000 and $1,295,000. Prices in HORSESHOE BAY have fallen 58.9% over the last 6 months. A similar home at 402 Horseshoe Bay North BLVD, Horseshoe Bay TX 78657 carries an adjusted comparable value of $1,471,493, providing a strong data point. With 6 comparable sales in HORSESHOE BAY, 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