206 Magnolia MDW, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $423,225. For a well positioned listing in 78133, I'd target the $415,000 to $432,000 range. With 3 comparable homes on the market in 78133, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 0.53 acres, the lot is smaller than the 0.57 acre comp average, which factors into pricing. With 3 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Recent trends in 78133 show home values have risen 7.4% since 6 months ago. The most comparable recent sale is 1021 Pinon PASS, Fischer TX 78623, with an adjusted value of $472,337; a strong comparable. 5 comparable transactions in 78133 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