180 Elvira, Canyon Lake TX 78133

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $664,414. To generate strong buyer interest while maximizing value, I'd price this between $467,000 and $477,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78133. The larger floor plan (145 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1975 construction puts this home 19 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. The trend in 78133 shows prices have fallen 8.4% in the past 6 months. 382 Kings Crown, Canyon Lake TX 78133 nearby adjusts to $645,972; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group