1054 Lakebreeze DR, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $405,527. To sell within a reasonable timeframe at fair market value, the $296,000 to $306,000 range is where I'd position this. Against 5 similar active listings in 78133, this price point lands at the most expensive of 5 comparable homes on the market. The 1984 construction puts this home 21 years older than the comp average, a factor in the pricing. At 0.28 acres, the lot is smaller than the 0.91 acre comp average, which factors into pricing. With 5 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. In 78133, home values have fallen approximately 12.3% over the past 6 months. One of the strongest data points is 420 Sendera Hills, Canyon Lake TX 78133, adjusting to $438,277; a strong comparable. 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