1611 Lakeside DR, Canyon Lake TX 78133

Based on 6 closed sales in 78133, the data points to a value around $391,186 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $379,000 to $403,000. This would position the home competitively among 2 active listings in 78133. Being 726 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.51 acres versus 2.03 for the typical comp. With 2 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Market data shows 78133 prices fallen 8.4% over the last half year. The closest comparable sale, 125 Queen Anne CIR, Canyon Lake TX 78133 at an adjusted $308,878, is with a smaller floor plan. The strength of this estimate comes from 6 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