3217 Comal SPGS, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $780,820. For a well positioned listing in 78133, I'd target the $1,121,000 to $1,223,000 range. Among the similar homes currently available in 78133, this price point stands out as competitive. Being 229 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 15 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78133; a buyer's market based on recent absorption. Recent trends in 78133 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 985 Malbec LOOP, Canyon Lake TX 78133, with an adjusted value of $1,121,190; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group