1411 Rocky Ridge LOOP, Canyon Lake TX 78133

After reviewing 6 recent transactions in 78133, I estimate this property's value at $397,904. A competitive list price for this home right now would fall in the $487,000 to $493,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78133's current inventory. The smaller lot (0.50 acres versus the area average of 0.61) contributes to the valuation. There are currently 7 similar homes on the market in 78133, ranging from $419,900 to $795,000. Prices in 78133 have fallen 13.1% over the last 6 months. A similar home at 131 Flint CIR, Canyon Lake TX 78133 carries an adjusted comparable value of $348,355, providing a strong data point. With 6 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