1100 The Cape RD # 103, Horseshoe Bay TX 78657

The market data from 7 similar recent sales in CAPE TERRACE points to a value of approximately $291,975. To sell within a reasonable timeframe at fair market value, the $394,000 to $407,000 range is where I'd position this. Among the similar homes currently available in CAPE TERRACE, this price point stands out as competitive. The smaller floor plan (323 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.01 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. 6 similar homes are currently available in CAPE TERRACE, creating a buyer's market for this price range. In 78657, home values have fallen approximately 23.9% over the past 6 months. One of the strongest data points is 101 West Bank # 51, Horseshoe Bay TX 78657, adjusting to $340,282; with a smaller floor plan. 7 comparable transactions in CAPE TERRACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group