64 Applehead Island, Horseshoe Bay TX 78657

After reviewing 3 recent transactions in APPLEHEAD ISLAND, I estimate this property's value at $4,190,145. A competitive list price for this home right now would fall in the $5,396,000 to $5,978,000 range. This would position the home competitively among 7 active listings in APPLEHEAD ISLAND. Being 975 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.51 acres versus the area average of 0.43) contributes to the valuation. Current inventory shows 7 comparable homes in APPLEHEAD ISLAND; a buyer's market based on recent absorption. Prices in 78657 have fallen 8.9% over the last 6 months. A similar home at 42 Applehead Island DR, Horseshoe Bay TX 78657 carries an adjusted comparable value of $4,734,922, providing a strong data point. With 3 comparable sales in APPLEHEAD ISLAND, 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