605 Rocky RDG # A, Horseshoe Bay TX 78657

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $351,885. To generate strong buyer interest while maximizing value, I'd price this between $148,000 and $158,000. Against 7 similar active listings in HORSESHOE BAY, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Being 988 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.09 acres, the lot is smaller than the 5.45 acre comp average, which factors into pricing. With 7 similar homes currently listed in HORSESHOE BAY (a buyer's market), competition is a factor to consider. The trend in HORSESHOE BAY shows prices have fallen 58.9% in the past 6 months. 5321 W Fm 2147 # 6, Horseshoe Bay TX 78657 nearby adjusts to $347,776; with a larger floor plan. 7 comparable transactions in HORSESHOE BAY 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