1005 Flaman RD, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $676,648. For a well positioned listing in 78133, I'd target the $426,000 to $436,000 range. Against 5 similar active listings in 78133, this price point lands at the most expensive of 5 comparable homes on the market. Being 492 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2018 construction puts this home 8 years newer than the comp average, a factor in the pricing. With 5 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Recent trends in 78133 show home values have fallen 15.7% since 6 months ago. The most comparable recent sale is 379 Toye BLVD, Canyon Lake TX 78133, with an adjusted value of $598,053; a strong comparable. 7 comparable transactions in 78133 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