1100 The Cape # 602, Horseshoe Bay TX 78657

This home was listed at $450,000 and was on the market for 141 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $408,910. Here are some factors that may have played a role: The asking price may have been roughly $41,090 above what comparable homes were selling for in this area. After 141 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. This home's smaller footprint (424 sqft vs the comp average) plays a role in how the market prices it. Being built in 1986 (5 years newer than comps) is factored into the value estimate. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus