1206 Timberlane DR, Canyon Lake TX 78133

After reviewing 7 recent transactions in 78133, I estimate this property's value at $247,979. A competitive list price for this home right now would fall in the $293,000 to $297,000 range. Relative to what's currently available in 78133, this home would be the 2nd least expensive of 7 comparable homes on the market. At 23 years older than typical comps, the 1976 build date influences the valuation. The larger lot (0.84 acres versus the area average of 0.38) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78133, listed between $235,000 and $480,000. Prices in 78133 have fallen 10.7% over the last 6 months. A similar home at 116 Crestview DR, Canyon Lake TX 78133 carries an adjusted comparable value of $263,465, providing a strong data point. The comp data here (7 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