190 Valleyview, Canyon Lake TX 78133

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $449,783. I'd recommend coming to market at $382,000 to $392,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 78133, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (288 sqft vs the comp average) plays a role in how the market prices it. The 0.41 acre lot (smaller than the 0.50 acre average) is reflected in the estimate. 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 risen 4% in the past 6 months. 3187 Lakeview DR, Canyon Lake TX 78133 nearby adjusts to $609,278; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group