123 White Oak DR, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $442,205. To sell within a reasonable timeframe at fair market value, the $569,000 to $648,000 range is where I'd position this. In the current 78133 market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The 1972 construction puts this home 28 years older than the comp average, a factor in the pricing. At 2.77 acres, the lot is larger than the 0.41 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78133; a buyer's market based on recent absorption. In 78133, home values have fallen approximately 10.9% over the past 6 months. One of the strongest data points is 1530 Trailridge DR, Canyon Lake TX 78133, adjusting to $378,960; a strong comparable. 7 comparable transactions in 78133 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group