1000 The Cape RD # 14, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $305,092. For a well positioned listing in 78657, I'd target the $807,000 to $969,000 range. With 7 comparable homes on the market in 78657, this price positions the property as the most affordable of 7 comparable homes on the market. The 2006 construction puts this home 10 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. The active market in 78657 includes 7 comparable homes priced from $398,000 to $1,200,000. Recent trends in 78657 show home values have fallen 15.4% since 6 months ago. The most comparable recent sale is 2509 Diagonal # 11, Horseshoe Bay TX 78657, with an adjusted value of $471,011; with a larger floor plan and a pool. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group