606 Rio # 103, Horseshoe Bay TX 78657

After reviewing 3 recent transactions in DEER CREEK VILLA, I estimate this property's value at $218,261. A competitive list price for this home right now would fall in the $161,000 to $171,000 range. This home's position in the current DEER CREEK VILLA market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 8 years newer than typical comps, the 1983 build date influences the valuation. The smaller lot (0.02 acres versus the area average of 0.11) contributes to the valuation. 3 similar homes are currently available in DEER CREEK VILLA, creating a buyer's market for this price range. Prices in 78657 have fallen 15.9% over the last 6 months. A similar home at 200 Free Rein # 10, Horseshoe Bay TX 78657 carries an adjusted comparable value of $308,194, 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