1369 Lakeview DR, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $269,027. To sell within a reasonable timeframe at fair market value, the $306,000 to $316,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in 78133. The 1988 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.37 acres, the lot is smaller than the 0.42 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. In 78133, home values have fallen approximately 18.3% over the past 6 months. One of the strongest data points is 823 Trail Crest DR, Canyon Lake TX 78133, adjusting to $139,363; a strong comparable. 7 comparable transactions in 78133 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group