315 Watts LN # 5B, Canyon Lake TX 78133

The estimated value of this property is $361,494, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $351,000 and $372,000. Among the similar homes currently available in WOODLANDS, this price point stands out as competitive. This home's smaller footprint (315 sqft vs the comp average) plays a role in how the market prices it. Built in 1983, this home is 13 years older than the average comp, which is reflected in the adjustments. The active market in WOODLANDS includes 1 comparable homes priced from $375,000 to $375,000. Recent trends in WOODLANDS show home values have risen 6.7% since 6 months ago. The most comparable recent sale is 2662 Edgegrove, Canyon Lake TX 78133, with an adjusted value of $524,600; a strong comparable. 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