605 Port # 1, Horseshoe Bay TX 78657

The market data from 7 similar recent sales in QUARTERS points to a value of approximately $381,607. To sell within a reasonable timeframe at fair market value, the $374,000 to $389,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in QUARTERS. The 1983 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. 7 similar homes are currently available in QUARTERS, creating a buyer's market for this price range. In 78657, home values have fallen approximately 13.8% over the past 6 months. One of the strongest data points is 104 Horseshoe Bay BLVD # 5, Horseshoe Bay TX 78657, adjusting to $491,166; a strong comparable. 7 comparable transactions in QUARTERS 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