326 Valley Ridge, Canyon Lake TX 78133

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $227,308. Pricing this home between $258,000 and $272,000 would put it in the competitive sweet spot for 78133. This home's position in the current 78133 market: the most affordable of 4 comparable homes on the market among comparable properties. At 11 years older than typical comps, the 1985 build date influences the valuation. The smaller lot (0.30 acres versus the area average of 0.33) contributes to the valuation. Current inventory shows 4 comparable homes in 78133; a buyer's market based on recent absorption. Market data shows 78133 prices fallen 8.4% over the last half year. The closest comparable sale, 116 Crestview DR, Canyon Lake TX 78133 at an adjusted $238,446, is a strong comparable. With 7 comparable sales in 78133, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group