501 Lorne RD, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $749,257. For a well positioned listing in 78133, I'd target the $554,000 to $564,000 range. Against 3 similar active listings in 78133, this price point lands at the most expensive of 3 comparable homes on the market. The larger floor plan (487 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. There are currently 3 similar homes on the market in 78133, ranging from $449,000 to $1,149,000. Recent trends in 78133 show home values have fallen 10.9% since 6 months ago. The most comparable recent sale is 382 Kings Crown, Canyon Lake TX 78133, with an adjusted value of $828,786; with a smaller floor plan and no pool. 7 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