1001 The Cape RD # 55, Horseshoe Bay TX 78657

After reviewing 7 recent transactions in 78657, I estimate this property's value at $437,199. A competitive list price for this home right now would fall in the $230,000 to $240,000 range. This home's position in the current 78657 market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. At 19 years newer than typical comps, the 2006 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. There are currently 6 similar homes on the market in 78657, ranging from $235,000 to $950,000. Prices in 78657 have fallen 23.9% over the last 6 months. A similar home at 96 Island DR # 12, Horseshoe Bay TX 78657 carries an adjusted comparable value of $537,835, providing a strong data point. With 7 comparable sales in 78657, 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