1000 The Cape RD # 54, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $471,944. For a well positioned listing in WATERS, I'd target the $397,000 to $407,000 range. Against 7 similar active listings in WATERS, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 2007 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in WATERS, ranging from $398,000 to $1,200,000. Recent trends in 78657 show home values have fallen 15% since 6 months ago. The most comparable recent sale is 101 West Bank DR # 15, Horseshoe Bay TX 78657, with an adjusted value of $727,175; a strong comparable. 4 comparable transactions in WATERS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group