2481 Lakeshore DR, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $383,625 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $450,000 to $556,000. Relative to what's currently available in 78133, this home would be the most affordable of 4 comparable homes on the market. Being built in 1973 (35 years older than comps) is factored into the value estimate. Lot size matters here: 0.24 acres versus 0.89 for the typical comp. Buyers in 78133 have 4 comparable options right now, with asking prices between $425,000 and $749,000. Market data shows 78133 prices fallen 12.3% over the last half year. The closest comparable sale, 270 Lakewood CT, Canyon Lake TX 78133 at an adjusted $376,823, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78133. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group