1620 Lake BLF, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $392,436 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $443,000 to $469,000. This pricing would rank the home as the most affordable of 4 comparable homes on the market in 78133's current inventory. Being built in 1997 (17 years older than comps) is factored into the value estimate. Lot size matters here: 0.43 acres versus 0.54 for the typical comp. Buyers in 78133 have 4 comparable options right now, with asking prices between $419,900 and $699,000. Market data shows 78133 prices fallen 8.4% over the last half year. The closest comparable sale, 1711 LAKE BLUFF BLF, Canyon Lake TX 78133 at an adjusted $351,488, 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