1909 Split MTN, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $926,170. To sell within a reasonable timeframe at fair market value, the $1,124,000 to $1,256,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78133. The 252 sqft size difference versus comparable sales is reflected in the adjusted values. The 2006 construction puts this home 12 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in 78133, listed between $1,250,000 and $1,500,000. In 78133, home values have fallen approximately 15.1% over the past 6 months. One of the strongest data points is 1471 Redcloud Peak DR, Canyon Lake TX 78133, adjusting to $825,440; with a smaller 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