604 Port # 7, Horseshoe Bay TX 78657

The market data from 3 similar recent sales in 78657 points to a value of approximately $582,975. To sell within a reasonable timeframe at fair market value, the $431,000 to $441,000 range is where I'd position this. Against 7 similar active listings in 78657, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 368 sqft size difference versus comparable sales is reflected in the adjusted values. The 1983 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78657; a buyer's market based on recent absorption. In 78657, home values have fallen approximately 19.7% over the past 6 months. One of the strongest data points is 300 Out Yonder # 176, Horseshoe Bay TX 78657, adjusting to $197,468; with a smaller floor plan. 3 comparable transactions in 78657 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group