1506 Paradise DR, Canyon Lake TX 78133

The market data from 5 similar recent sales in 78133 points to a value of approximately $345,419. To sell within a reasonable timeframe at fair market value, the $397,000 to $406,000 range is where I'd position this. In the current 78133 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 139 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1983 construction puts this home 7 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in 78133, ranging from $299,500 to $649,885. In 78133, home values have fallen approximately 12.3% over the past 6 months. One of the strongest data points is 760 Lorne RD, Canyon Lake TX 78133, adjusting to $421,826; a strong comparable. 5 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