1049 Meckel DR, Canyon Lake TX 78133

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $522,629. To generate strong buyer interest while maximizing value, I'd price this between $396,000 and $406,000. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in 78133. Being 269 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1978 construction puts this home 16 years older than the comp average, a factor in the pricing. The active market in 78133 includes 6 comparable homes priced from $375,000 to $899,000. The trend in 78133 shows prices have fallen 10.9% in the past 6 months. 2662 Edgegrove, Canyon Lake TX 78133 nearby adjusts to $522,420; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group