1322 Highland Terrace DR, Canyon Lake TX 78133

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $720,682. Pricing this home between $342,000 and $352,000 would put it in the competitive sweet spot for HIGHLAND TERRACE. Buyers shopping in HIGHLAND TERRACE right now would see this as a well positioned option among 5 comparable homes. At 9 years older than typical comps, the 1994 build date influences the valuation. The smaller lot (0.51 acres versus the area average of 0.71) contributes to the valuation. Current inventory shows 5 comparable homes in HIGHLAND TERRACE; a seller's market based on recent absorption. Market data shows HIGHLAND TERRACE prices fallen 20.4% over the last half year. The closest comparable sale, 382 Kings Crown, Canyon Lake TX 78133 at an adjusted $661,838, is with a larger floor plan. With 7 comparable sales in HIGHLAND TERRACE, 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