2865 Edgegrove, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $814,990 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $587,000 to $597,000. Relative to what's currently available in 78133, this home would be the 3rd most expensive of 6 comparable homes on the market. This home's larger footprint (794 sqft vs the comp average) plays a role in how the market prices it. Being built in 1976 (11 years older than comps) is factored into the value estimate. There are currently 6 similar homes on the market in 78133, ranging from $499,000 to $1,499,000. Market data shows 78133 prices fallen 8.4% over the last half year. The closest comparable sale, 1245 Larson DR, Canyon Lake TX 78133 at an adjusted $964,299, is a strong comparable. 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