601 Hi Circle N, Horseshoe Bay TX 78657

My analysis of 7 comparable properties puts this home's estimated value at $1,592,465. Based on how the local market is moving, a list price between $1,068,000 and $1,078,000 would position this home well. Relative to what's currently available in HORSESHOE BAY PROPER, this home would be the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (619 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.16 acres versus the area average of 3410.15) contributes to the valuation. Current inventory shows 7 comparable homes in HORSESHOE BAY PROPER; a buyer's market based on recent absorption. The 6 month price trend in HORSESHOE BAY PROPER: risen 8.3%. The best comp here is 210 Half Moon ST, Horseshoe Bay TX 78657 at an adjusted value of $733,280, with a larger floor plan. With 7 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