1254 Canyon SHRS, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $321,263. For a well positioned listing in 78133, I'd target the $415,000 to $470,000 range. With 7 comparable homes on the market in 78133, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (107 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.31 acres, the lot is smaller than the 0.44 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78133; a buyer's market based on recent absorption. Recent trends in 78133 show home values have fallen 15.7% since 6 months ago. The most comparable recent sale is 131 Flint CIR, Canyon Lake TX 78133, with an adjusted value of $324,366; 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