1329 Ensenada DR, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $729,150. To sell within a reasonable timeframe at fair market value, the $519,000 to $529,000 range is where I'd position this. Among the similar homes currently available in 78133, this price point stands out as competitive. Being 457 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2016 construction puts this home 5 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in 78133, ranging from $499,000 to $1,299,900. In 78133, home values have fallen approximately 12.3% over the past 6 months. One of the strongest data points is 1164 Fairway DR, Canyon Lake TX 78133, adjusting to $649,239; with a smaller floor plan. The 7 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