1435 Lasso LOOP, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $394,020. For a well positioned listing in 78133, I'd target the $434,000 to $439,000 range. Against 3 similar active listings in 78133, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 2016 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.50 acres, the lot is smaller than the 0.61 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in 78133, listed between $375,000 and $499,900. Recent trends in 78133 show home values have fallen 15.7% since 6 months ago. The most comparable recent sale is 1411 Rocky Ridge LOOP, Canyon Lake TX 78133, with an adjusted value of $392,900; a strong comparable. 6 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