195 Oblate DR, 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 $363,551. I'd recommend coming to market at $468,000 to $488,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in 78133, this price positions the property as the most affordable of 6 comparable homes on the market. Being 248 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 6 of 7 comparable homes not offering one. With 6 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. The trend in 78133 shows prices have fallen 7.4% in the past 6 months. 729 Trail Crest DR, Canyon Lake TX 78133 nearby adjusts to $394,235; with a smaller floor plan. With 7 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