96 Island DR # 12, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $439,195. I'd recommend coming to market at $170,000 to $180,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in WATERS HORSESHOE BAY RE. Built in 2007, this home is 24 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.12 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in WATERS HORSESHOE BAY RE; a buyer's market based on recent absorption. The trend in 78657 shows prices have fallen 3.6% in the past 6 months. 1001 The Cape RD # 25, Horseshoe Bay TX 78657 nearby adjusts to $772,343; a strong comparable. With 7 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