2604 Lakeshore DR, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $398,460 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $327,000 to $337,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in 78133's current inventory. Being built in 2003 (6 years older than comps) is factored into the value estimate. Lot size matters here: 1.94 acres versus 1.07 for the typical comp. Current inventory shows 4 comparable homes in 78133; a buyer's market based on recent absorption. Market data shows 78133 prices fallen 8.4% over the last half year. The closest comparable sale, 2413 Fuller DR, Canyon Lake TX 78133 at an adjusted $110,690, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus