808 Twin Sails, Horseshoe Bay TX 78657

After reviewing 7 recent transactions in HORSESHOE BAY PROPER, I estimate this property's value at $434,188. A competitive list price for this home right now would fall in the $215,000 to $225,000 range. This home's position in the current HORSESHOE BAY PROPER market: the most expensive of 3 comparable homes on the market among comparable properties. The 271 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.13 acres versus the area average of 0.32) contributes to the valuation. With 3 similar homes currently listed in HORSESHOE BAY PROPER (a buyer's market), competition is a factor to consider. Prices in HORSESHOE BAY PROPER have fallen 12.3% over the last 6 months. A similar home at 1502 Hi CIR S, Horseshoe Bay TX 78657 carries an adjusted comparable value of $406,002, providing a strong data point. With 7 comparable sales in HORSESHOE BAY PROPER, 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