1012 Mourning Dove, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $876,965. For a well positioned listing in 78133, I'd target the $868,000 to $991,000 range. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in 78133. This home's larger footprint (2,153 sqft vs the comp average) plays a role in how the market prices it. At 2.15 acres, the lot is larger than the 0.40 acre comp average, which factors into pricing. With 2 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 7.6% since 6 months ago. The most comparable recent sale is 1746 Stagecoach DR, Canyon Lake TX 78133, with an adjusted value of $1,656,980; with a smaller floor plan. 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