1468 Redcloud Peak, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $796,041. For a well positioned listing in 78133, I'd target the $772,000 to $820,000 range. Against 1 similar active listings in 78133, this price point lands at below the only comparable home currently on the market. The larger floor plan (151 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2006 construction puts this home 13 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78133, ranging from $1,150,000 to $1,150,000. Recent trends in 78133 show home values have risen 13.4% since 6 months ago. The most comparable recent sale is 1632 Stone House, New Braunfels TX 78132, with an adjusted value of $487,479; a strong comparable. The 7 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