1228 Lakeshore DR, Canyon Lake TX 78133

The estimated value of this property is $243,430, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $273,000 and $281,000. Among the similar homes currently available in 78133, this price point stands out as competitive. Built in 1964, this home is 50 years older than the average comp, which is reflected in the adjustments. The 0.47 acre lot (larger than the 0.40 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in 78133; a buyer's market based on recent absorption. Recent trends in 78133 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 221 Legacy RDG, Canyon Lake TX 78133, with an adjusted value of $260,855; a strong comparable. Based on 7 relevant data points in 78133, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX