1952 Canyon Lake DR, Canyon Lake TX 78133

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $669,713. To generate strong buyer interest while maximizing value, I'd price this between $455,000 and $465,000. In the current 78133 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 2019 construction puts this home 16 years newer than the comp average, a factor in the pricing. At 0.75 acres, the lot is larger than the 0.42 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. The trend in 78133 shows prices have fallen 7.4% in the past 6 months. 307 Lorne RD, Canyon Lake TX 78133 nearby adjusts to $467,117; a strong comparable. 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