1185 Parkview DR # D21, Canyon Lake TX 78133

The estimated value of this property is $316,976, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $211,000 and $221,000. Against 2 similar active listings in 78133, this price point lands at the most expensive of 2 comparable homes on the market. At 278 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1974, this home is 24 years older than the average comp, which is reflected in the adjustments. With 2 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Recent trends in 78133 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 36 Oak Villa DR # 2, Canyon Lake TX 78133, with an adjusted value of $161,850; with a smaller floor plan and a pool. With 7 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