313 Edge Hill DR, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $432,284. To sell within a reasonable timeframe at fair market value, the $638,000 to $640,000 range is where I'd position this. With 7 comparable homes on the market in 78133, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1983 construction puts this home 16 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is smaller than the 0.38 acre comp average, which factors into pricing. Buyers in 78133 have 7 comparable options right now, with asking prices between $427,000 and $1,200,000. In 78133, home values have fallen approximately 12.3% over the past 6 months. One of the strongest data points is 437 Stagecoach DR, Canyon Lake TX 78133, adjusting to $528,597; a strong comparable. 7 comparable transactions in 78133 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group