606 Rio # 102, Horseshoe Bay TX 78657

After reviewing 3 recent transactions in DEER CREEK VILLA, I estimate this property's value at $220,185. A competitive list price for this home right now would fall in the $156,000 to $166,000 range. Buyers shopping in DEER CREEK VILLA right now would see this as a well positioned option among 4 comparable homes. At 7 years newer than typical comps, the 1983 build date influences the valuation. The smaller lot (0.02 acres versus the area average of 0.15) contributes to the valuation. With 4 similar homes currently listed in DEER CREEK VILLA (a buyer's market), competition is a factor to consider. Prices in 78657 have fallen 13.2% over the last 6 months. A similar home at 305 Poker Chip # 143, Horseshoe Bay TX 78657 carries an adjusted comparable value of $192,557, providing a strong data point. With 3 comparable sales in DEER CREEK VILLA, 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