1324 Bellewood LN, Canyon Lake TX 78133

After reviewing 7 recent transactions in 78133, I estimate this property's value at $645,593. A competitive list price for this home right now would fall in the $831,000 to $833,000 range. Relative to what's currently available in 78133, this home would be the most affordable of 6 comparable homes on the market. The larger floor plan (142 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 2005 build date influences the valuation. The active market in 78133 includes 6 comparable homes priced from $658,900 to $1,699,500. Prices in 78133 have fallen 12.3% over the last 6 months. A similar home at 1651 Lake Ridge BLVD, Canyon Lake TX 78133 carries an adjusted comparable value of $632,860, providing a strong data point. 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