1502 Canyon TRCE, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $297,629 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $239,000 to $249,000. Buyers shopping in 78133 right now would see this as a well positioned option among 5 comparable homes. Being built in 2001 (9 years older than comps) is factored into the value estimate. Lot size matters here: 0.50 acres versus 0.84 for the typical comp. Buyers in 78133 have 5 comparable options right now, with asking prices between $223,000 and $485,000. Market data shows 78133 prices fallen 12.3% over the last half year. The closest comparable sale, 221 Legacy RDG, Canyon Lake TX 78133 at an adjusted $294,324, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78133. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group