1375 Parton RD, Canyon Lake TX 78133

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $398,110. Pricing this home between $439,000 and $442,000 would put it in the competitive sweet spot for 78133. This pricing would rank the home as the most affordable of 4 comparable homes on the market in 78133's current inventory. The smaller lot (0.51 acres versus the area average of 0.59) contributes to the valuation. With 4 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Market data shows 78133 prices fallen 7.4% over the last half year. The closest comparable sale, 1411 Rocky Ridge LOOP, Canyon Lake TX 78133 at an adjusted $396,721, is a strong comparable. With 5 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