196 Falcon CT, Canyon Lake TX 78133

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $386,669. To generate strong buyer interest while maximizing value, I'd price this between $263,000 and $273,000. In the current POINT market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The 2017 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.54 acres, the lot is smaller than the 0.68 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in POINT, listed between $225,000 and $574,700. The trend in 78133 shows prices have fallen 23.4% in the past 6 months. 1159 Stallion Springs DR, Fischer TX 78623 nearby adjusts to $380,177; a strong comparable. 3 comparable transactions in POINT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group