1000 The Cape RD # 25, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $361,325. For a well positioned listing in WATERS HORSESHOE BAY RE, I'd target the $172,000 to $182,000 range. In the current WATERS HORSESHOE BAY RE market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Being 145 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 6 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in WATERS HORSESHOE BAY RE (a buyer's market), competition is a factor to consider. Recent trends in 78657 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 96 Island DR # 12, Horseshoe Bay TX 78657, with an adjusted value of $537,835; a strong comparable. 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