1115 Somerset, Canyon Lake TX 78133

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $375,671. Pricing this home between $504,000 and $505,000 would put it in the competitive sweet spot for 78133. Buyers shopping in 78133 right now would see this as a well positioned option among 7 comparable homes. At 18 years older than typical comps, the 1969 build date influences the valuation. Current inventory shows 7 comparable homes in 78133; a buyer's market based on recent absorption. Market data shows 78133 prices fallen 12.3% over the last half year. The closest comparable sale, 402 Twin Elm DR, Canyon Lake TX 78133 at an adjusted $278,433, is a strong comparable. With 7 comparable sales in 78133, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group