1000 The Cape RD # 63, Horseshoe Bay TX 78657

After reviewing 3 recent transactions in 78657, I estimate this property's value at $670,238. A competitive list price for this home right now would fall in the $239,000 to $249,000 range. Relative to what's currently available in 78657, this home would be the 3rd most expensive of 7 comparable homes on the market. At 116 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.36) contributes to the valuation. The active market in 78657 includes 7 comparable homes priced from $250,000 to $1,299,950. Prices in 78657 have fallen 13.2% over the last 6 months. A similar home at 96 Island DR # 44, Horseshoe Bay TX 78657 carries an adjusted comparable value of $924,455, providing a strong data point. The comp data here (3 sales in 78657) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus