4587 Sir Arthur WAY, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $217,280. To sell within a reasonable timeframe at fair market value, the $106,000 to $116,000 range is where I'd position this. Among the similar homes currently available in 78133, this price point stands out as competitive. This home's smaller footprint (371 sqft vs the comp average) plays a role in how the market prices it. The 1985 construction puts this home 12 years older than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in 78133; a buyer's market based on recent absorption. In 78133, home values have fallen approximately 15.1% over the past 6 months. One of the strongest data points is 387 Lake Park Loop, Canyon Lake TX 78133, adjusting to $240,923; 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