1148 Mission WAY, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $1,034,914 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,014,000 to $1,056,000. Buyers shopping in 78133 right now would see this as a well positioned option among 3 comparable homes. At 980 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 2.98 acres versus 1.50 for the typical comp. The active market in 78133 includes 3 comparable homes priced from $450,000 to $2,250,000. Market data shows 78133 prices risen 8.3% over the last half year. The closest comparable sale, 985 Malbec LOOP, Canyon Lake TX 78133 at an adjusted $1,104,255, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78133. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group