1177 Canyon BND, Canyon Lake TX 78133

After reviewing 3 recent transactions in 78133, I estimate this property's value at $389,437. A competitive list price for this home right now would fall in the $639,000 to $641,000 range. This would position the home competitively among 7 active listings in 78133. At 334 sqft larger than the typical comp, the size difference factors into the valuation. At 5 years older than typical comps, the 1985 build date influences the valuation. Current inventory shows 7 comparable homes in 78133; a buyer's market based on recent absorption. Prices in 78133 have fallen 12.3% over the last 6 months. A similar home at 1530 Trailridge DR, Canyon Lake TX 78133 carries an adjusted comparable value of $349,052, providing a strong data point. The comp data here (3 sales in 78133) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus