1582 Canyon Ridge DR, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $254,921 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $124,000 to $134,000. Relative to what's currently available in 78133, this home would be the most expensive of 3 comparable homes on the market. At 182 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1969 (19 years older than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in 78133, listed between $119,500 and $269,000. Market data shows 78133 prices fallen 12.3% over the last half year. The closest comparable sale, 116 Crestview DR, Canyon Lake TX 78133 at an adjusted $245,239, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus