1224 The Cape DR, Horseshoe Bay TX 78657

My analysis of 7 comparable properties puts this home's estimated value at $2,812,092. Based on how the local market is moving, a list price between $2,756,000 and $2,868,000 would position this home well. Buyers shopping in HORSESHOE BAY PROPER right now would see this as a well positioned option among 3 comparable homes. The larger floor plan (141 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.20 acres versus the area average of 0.26) contributes to the valuation. Right now, 3 similar properties are competing for buyers in HORSESHOE BAY PROPER, listed between $592,410 and $2,600,000. The 6 month price trend in HORSESHOE BAY PROPER: risen 2.8%. The best comp here is 715 Fawn, Horseshoe Bay TX 78657 at an adjusted value of $748,165, with a smaller floor plan. With 7 comparable sales in HORSESHOE BAY PROPER, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group