1111 Edgewater FLS, Canyon Lake TX 78133

The estimated value of this property is $436,482, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $483,000 and $514,000. In the current 78133 market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Built in 2008, this home is 10 years older than the average comp, which is reflected in the adjustments. The 0.94 acre lot (larger than the 0.77 acre average) is reflected in the estimate. The active market in 78133 includes 3 comparable homes priced from $485,000 to $580,000. Recent trends in 78133 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 2902 Summit DR, New Braunfels TX 78132, with an adjusted value of $483,417; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group