2454 Lakeshore DR, Canyon Lake TX 78133

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $398,334. I'd recommend coming to market at $390,000 to $406,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78133, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (128 sqft vs the comp average) plays a role in how the market prices it. Built in 1978, this home is 20 years older than the average comp, which is reflected in the adjustments. The active market in 78133 includes 7 comparable homes priced from $350,000 to $450,000. The trend in 78133 shows prices have risen 0.5% in the past 6 months. 2872 Lakeview DR, Canyon Lake TX 78133 nearby adjusts to $329,187; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group