2004 Lakeland DR # A3, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $327,800. For a well positioned listing in 78133, I'd target the $211,000 to $221,000 range. Among the similar homes currently available in 78133, this price point stands out as competitive. The smaller floor plan (350 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1975 construction puts this home 19 years older than the comp average, a factor in the pricing. With 2 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 36 Oak Villa DR # 2, Canyon Lake TX 78133, with an adjusted value of $162,404; with a smaller floor plan and a pool. 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