720 Fallow, Horseshoe Bay TX 78657

The estimated value of this property is $888,802, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $475,000 and $485,000. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in HORSESHOE BAY PROPER. Built in 1980, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.39 acre lot (larger than the 0.34 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in HORSESHOE BAY PROPER; a buyer's market based on recent absorption. Recent trends in HORSESHOE BAY PROPER show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 108 Nimrod, Horseshoe Bay TX 78657, with an adjusted value of $1,185,004; with a smaller floor plan and a pool. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group