707 Panorama PASS, Horseshoe Bay TX 78657

Based on 6 closed sales in HORSESHOE BAY PROPER, the data points to a value around $741,636 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $526,000 to $536,000. Relative to what's currently available in HORSESHOE BAY PROPER, this home would be the 3rd most expensive of 5 comparable homes on the market. The smaller floor plan (111 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1980 (6 years older than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in HORSESHOE BAY PROPER; a buyer's market based on recent absorption. Market data shows HORSESHOE BAY PROPER prices risen 0.8% over the last half year. The closest comparable sale, 408 Sombrero, Horseshoe Bay TX 78657 at an adjusted $602,916, is a strong comparable. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus