1414 Bellewood LN, Canyon Lake TX 78133

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $366,586. Pricing this home between $478,000 and $530,000 would put it in the competitive sweet spot for 78133. Relative to what's currently available in 78133, this home would be the 2nd least expensive of 7 comparable homes on the market. At 11 years older than typical comps, the 2006 build date influences the valuation. The larger lot (0.65 acres versus the area average of 0.55) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78133, listed between $350,000 and $749,000. Market data shows 78133 prices fallen 15.1% over the last half year. The closest comparable sale, 131 Flint CIR, Canyon Lake TX 78133 at an adjusted $358,846, is with a smaller floor plan. The comp data here (4 sales in 78133) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus