3121 Westview 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 $571,552. I'd recommend coming to market at $346,000 to $356,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78133, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (1,208 sqft vs the comp average) plays a role in how the market prices it. Built in 2002, this home is 12 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 78133; a buyer's market based on recent absorption. The trend in 78133 shows prices have risen 11% in the past 6 months. 1522,1498,1484 Canyon Ridge DR, Canyon Lake TX 78133 nearby adjusts to $263,684; with a smaller floor plan. 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