1484 Kings Cove DR, Canyon Lake TX 78133

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,037,099. I'd recommend coming to market at $1,160,000 to $1,251,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78133, this price point stands out as competitive. The larger floor plan (1,952 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 6 of 7 comparable homes not offering one. Current inventory shows 3 comparable homes in 78133; a buyer's market based on recent absorption. The trend in 78133 shows prices have fallen 12.3% in the past 6 months. 1073 Las Brisas DR, Canyon Lake TX 78133 nearby adjusts to $980,434; with a smaller floor plan. 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