1283 Marlys Ave, Canyon Lake TX 78133

The market data from 6 similar recent sales in 78133 points to a value of approximately $395,730. To sell within a reasonable timeframe at fair market value, the $441,000 to $457,000 range is where I'd position this. Against 7 similar active listings in 78133, this price point lands at the most affordable of 7 comparable homes on the market. At 0.51 acres, the lot is smaller than the 0.61 acre comp average, which factors into pricing. Buyers in 78133 have 7 comparable options right now, with asking prices between $380,000 and $749,000. In 78133, home values have fallen approximately 12.3% over the past 6 months. One of the strongest data points is 1411 Rocky Ridge LOOP, Canyon Lake TX 78133, adjusting to $393,834; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group