1001 The Cape RD # 61, Horseshoe Bay TX 78657

The market data from 6 similar recent sales in WATERS HORSESHOE BAY RE points to a value of approximately $605,446. To sell within a reasonable timeframe at fair market value, the $427,000 to $437,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in WATERS HORSESHOE BAY RE. The 104 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.28 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in WATERS HORSESHOE BAY RE, ranging from $410,000 to $652,000. In 78657, home values have fallen approximately 22.6% over the past 6 months. One of the strongest data points is 1323 Hi CIR N, Horseshoe Bay TX 78657, adjusting to $454,097; a strong comparable. The 6 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