801 Red Sails, Horseshoe Bay TX 78657

The estimated value of this property is $411,363, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $246,000 and $256,000. In the current HORSESHOE BAY PROPER market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Built in 1982, this home is 10 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in HORSESHOE BAY PROPER (a buyer's market), competition is a factor to consider. Recent trends in HORSESHOE BAY PROPER show home values have fallen 9.4% since 6 months ago. The most comparable recent sale is 1310 Clayton Nolen DR, Horseshoe Bay TX 78657, with an adjusted value of $389,660; with a larger floor plan. With 3 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