1412 Laurie DR, Canyon Lake TX 78133

The estimated value of this property is $425,103, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $271,000 and $281,000. With 1 comparable homes on the market in 78133, this price positions the property as below the only comparable home currently on the market. At 568 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1985, this home is 12 years older than the average comp, which is reflected in the adjustments. The active market in 78133 includes 1 comparable homes priced from $269,000 to $269,000. Recent trends in 78133 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 540 River RUN # 101, New Braunfels TX 78132, with an adjusted value of $423,245; 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