1204 Circle HVN, Canyon Lake TX 78133

After reviewing 7 recent transactions in 78133, I estimate this property's value at $450,450. A competitive list price for this home right now would fall in the $387,000 to $397,000 range. This pricing would rank the home as the most expensive of 2 comparable homes on the market in 78133's current inventory. The smaller floor plan (552 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.29 acres versus the area average of 0.73) contributes to the valuation. There are currently 2 similar homes on the market in 78133, ranging from $375,000 to $409,000. Prices in 78133 have fallen 12.3% over the last 6 months. A similar home at 125 Queen Anne CIR, Canyon Lake TX 78133 carries an adjusted comparable value of $289,893, providing a strong data point. 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