1572 Live Oak DR, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $388,939 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $438,000 to $442,000. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78133's current inventory. Being built in 1984 (20 years older than comps) is factored into the value estimate. Lot size matters here: 0.46 acres versus 0.74 for the typical comp. Current inventory shows 7 comparable homes in 78133; a buyer's market based on recent absorption. Market data shows 78133 prices fallen 8.4% over the last half year. The closest comparable sale, 164 Buckskin CT, Fischer TX 78623 at an adjusted $438,012, is with a smaller floor plan. 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