478 Lighthouse, Canyon Lake TX 78133

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $278,366. I'd recommend coming to market at $344,000 to $348,000 to strike the right balance between value and market velocity. In the current 78133 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (109 sqft vs the comp average) plays a role in how the market prices it. The 0.67 acre lot (larger than the 0.51 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. The trend in 78133 shows prices have risen 7.3% in the past 6 months. 648 Bald Eagle, Canyon Lake TX 78133 nearby adjusts to $289,724; a strong comparable. With 4 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