1001 The Cape RD # 52, Horseshoe Bay TX 78657

After reviewing 3 recent transactions in WATERS HORSESHOE BAY RE, I estimate this property's value at $610,658. A competitive list price for this home right now would fall in the $406,000 to $416,000 range. Relative to what's currently available in WATERS HORSESHOE BAY RE, this home would be the 2nd least expensive of 7 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. 7 similar homes are currently available in WATERS HORSESHOE BAY RE, creating a buyer's market for this price range. Prices in 78657 have fallen 8.3% over the last 6 months. A similar home at 101 West Bank DR # 15, Horseshoe Bay TX 78657 carries an adjusted comparable value of $705,259, providing a strong data point. With 3 comparable sales in WATERS HORSESHOE BAY RE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group