1439 Bonnyview DR, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $256,389. For a well positioned listing in 78133, I'd target the $251,000 to $262,000 range. With 7 comparable homes on the market in 78133, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 105 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 7 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Recent trends in 78133 show home values have fallen 20.2% since 6 months ago. The most comparable recent sale is 141 Scenic DR, Canyon Lake TX 78133, with an adjusted value of $273,299; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group