1914 Valley DR, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $759,181. For a well positioned listing in 78133, I'd target the $381,000 to $391,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78133. This home's larger footprint (195 sqft vs the comp average) plays a role in how the market prices it. At 0.46 acres, the lot is smaller than the 0.70 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Recent trends in 78133 show home values have fallen 10.9% since 6 months ago. The most comparable recent sale is 382 Kings Crown, Canyon Lake TX 78133, with an adjusted value of $660,712; 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