2442 Candlelight DR, Canyon Lake TX 78133

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $209,986. Pricing this home between $159,000 and $169,000 would put it in the competitive sweet spot for 78133. This pricing would rank the home as the 2nd least expensive of 6 comparable homes on the market in 78133's current inventory. At 215 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.17 acres versus the area average of 0.21) contributes to the valuation. 6 similar homes are currently available in 78133, creating a buyer's market for this price range. Market data shows 78133 prices risen 18.1% over the last half year. The closest comparable sale, 1151 Eastview DR, Canyon Lake TX 78133 at an adjusted $250,976, is with a larger floor plan. With 3 comparable sales in 78133, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group