197 Adams WAY, Canyon Lake TX 78133

The estimated value of this property is $599,553, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $582,000 and $618,000. Against 1 similar active listings in 78133, this price point lands at below the only comparable home currently on the market. The pool is a standout feature, with 6 of 7 comparable homes not offering one. Built in 1995, this home is 7 years older than the average comp, which is reflected in the adjustments. The active market in 78133 includes 1 comparable homes priced from $665,000 to $665,000. Recent trends in 78133 show home values have fallen 10.9% since 6 months ago. The most comparable recent sale is 2902 Summit DR, New Braunfels TX 78132, with an adjusted value of $541,203; with no pool. Based on 7 relevant data points in 78133, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX