1273 Cedar BND, Canyon Lake TX 78133

My analysis of 7 comparable properties puts this home's estimated value at $415,726. Based on how the local market is moving, a list price between $431,000 and $446,000 would position this home well. This home's position in the current 78133 market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. At 13 years older than typical comps, the 2006 build date influences the valuation. The larger lot (1.81 acres versus the area average of 0.79) contributes to the valuation. There are currently 5 similar homes on the market in 78133, ranging from $419,900 to $699,000. The 6 month price trend in 78133: fallen 10.9%. The best comp here is 1711 LAKE BLUFF BLF, Canyon Lake TX 78133 at an adjusted value of $347,422, with a larger floor plan. 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