484 Bluebonnet Breeze, Canyon Lake TX 78133

The market data from 4 similar recent sales in 78133 points to a value of approximately $398,464. To sell within a reasonable timeframe at fair market value, the $390,000 to $406,000 range is where I'd position this. Against 6 similar active listings in 78133, this price point lands at the most affordable of 6 comparable homes on the market. This home's larger footprint (101 sqft vs the comp average) plays a role in how the market prices it. At 0.53 acres, the lot is smaller than the 0.58 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in 78133; a buyer's market based on recent absorption. In 78133, home values have risen approximately 6.4% over the past 6 months. One of the strongest data points is 1860 Rocky Ridge Loop, Canyon Lake TX 78133, adjusting to $430,644; a strong comparable. 4 comparable transactions in 78133 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group