1104 The Cape RD # 1, Horseshoe Bay TX 78657

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $928,818. I'd recommend coming to market at $581,000 to $591,000 to strike the right balance between value and market velocity. In the current CAPE WEST TWNHMS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 162 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1981, this home is 12 years older than the average comp, which is reflected in the adjustments. The active market in CAPE WEST TWNHMS includes 7 comparable homes priced from $590,000 to $1,899,999. The trend in 78657 shows prices have fallen 20.7% in the past 6 months. 107 Boot HL, Horseshoe Bay TX 78657 nearby adjusts to $516,255; a strong comparable. With 7 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