1100 The CPE # 702, Horseshoe Bay TX 78657

Reviewing the most recent comparable transactions, this home's market value falls around $272,934. For a well positioned listing in CAPE TERRACE, I'd target the $297,000 to $463,000 range. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in CAPE TERRACE. This home's smaller footprint (233 sqft vs the comp average) plays a role in how the market prices it. The 1986 construction puts this home 8 years newer than the comp average, a factor in the pricing. 2 similar homes are currently available in CAPE TERRACE, creating a buyer's market for this price range. Recent trends in 78657 show home values have fallen 18% since 6 months ago. The most comparable recent sale is 2513 Diagonal #D, Horseshoe Bay TX 78657, with an adjusted value of $474,933; with a larger floor plan. 4 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