1332 Roadrunner, Canyon Lake TX 78133

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $276,872. I'd recommend coming to market at $205,000 to $215,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78133, this price point stands out as competitive. The smaller floor plan (180 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.20 acre lot (smaller than the 0.58 acre average) is reflected in the estimate. With 5 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. The trend in 78133 shows prices have risen 8.3% in the past 6 months. 677 Possum Tree, Fischer TX 78623 nearby adjusts to $274,665; a strong comparable. Based on 7 relevant data points in 78133, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX