1101 The Cape RD # 4, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $319,199. I'd recommend coming to market at $203,000 to $213,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SHELTERED HARBOR, this price point stands out as competitive. This home's larger footprint (131 sqft vs the comp average) plays a role in how the market prices it. The 0.00 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SHELTERED HARBOR; a buyer's market based on recent absorption. The trend in 78657 shows prices have fallen 13.2% in the past 6 months. 101 Cove W # 103, Horseshoe Bay TX 78657 nearby adjusts to $480,785; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group